Ingves says Basel III’s success depends on global application of rules

Stefan Ingves

Stefan Ingves, chairman of the Basel Committee on Banking Supervision and governor of the Riksbank, on Wednesday said internationally consistent implementation of Basel III was key to promoting safety and soundness of the financial system.

At a conference on 'Strengthening financial sector supervision and regulatory
priorities in the Americas' in San Francisco, California, Ingves said: "The standards and principles that the Committee has formulated will strengthen the financial system and provide

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