Basel implementation monitoring strategy approved

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The group of governors and heads of supervision at the oversight body of the Basel Committee on Banking Supervision have agreed on the strategy for assessing the implementation of Basel III rules around the world.

In a meeting on January 8, 2012, the attendees also discussed the Basel Committee's proposals on the liquidity coverage ratio.

The group fully endorsed the committee's comprehensive approach to monitoring and reviewing implementation of the Basel regulatory framework.

The Basel

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