Basel Committee points to delays in adoption of Basel III standards
Only 10 of 27 jurisdictions have final rules for Net Stable Funding Ratio
The Basel Committee warns of continued delays in adopting Basel III regulatory standards in a report to the G20, published on November 23.
The committee acknowledges the progress made by some members. However, insufficient progress recorded in other jurisdictions is making some members delay their own processes of implementation, it says.
“Delayed implementation may have implications for the level playing field, and puts unnecessary pressure on jurisdictions that have implemented or plan to
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