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Basel III News, November 2011
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It is important to assess the consequences of the new Basel iii rules, and to monitor the regulatory differences.
More capital - Ajai Chopra (deputy director, European department of the International Monetary Fund) believes that the Basel III accord is too weak to save European banks from a fresh financial crisis, so he has urged the European Union to raise minimum levels in its forthcoming Capital Requirements Directive IV.
"The Basel III minimum is too low for European banks because soverei...
More capital - Ajai Chopra (deputy director, European department of the International Monetary Fund) believes that the Basel III accord is too weak to save European banks from a fresh financial crisis, so he has urged the European Union to raise minimum levels in its forthcoming Capital Requirements Directive IV.
"The Basel III minimum is too low for European banks because soverei...
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