Tarullo on Basel III implementation framework


Daniel Tarullo, a member of the board of governors at the Federal Reserve, on Thursday outlined the work being conducted by the Basel-based Standards Implementation Group (SIG) towards ensuring equal implementation of the Basel III rules.

At a Financial Services Committee hearing on capital and liquidity standards in Washington, DC, Tarullo said that as the Basel Committee moved into the next phase of implementation of Basel rules, the US would urge the SIG to take a comprehensive approach to

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