Reserve Bank of New Zealand to release latest Basel III proposals

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Reserve Bank of New Zealand deputy governor Grant Spencer said on May 9 that the central bank will soon be releasing modified standards relating to the Basel III capital proposals.

Speaking as the central bank launched its May 2011 Financial Stability Report, Spencer said the reserve bank was "continuing to strengthen regulation of the financial system, drawing on lessons from the financial crisis. We have recently reviewed submissions on our Basel III capital proposals and will shortly release

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