Global liquidity flows threatened by Dodd-Frank provision on foreign banks
Japanese banks criticise proposed US regulation of foreign banking entities
The Dodd-Frank and US Federal Reserve proposal to regulate foreign banking organisations and ring-fence liquidity could hamper the efficient allocation of capital, according to a senior chief risk officer in Japan.
Section 165 of the Dodd-Frank Act says that in order to mitigate risks to the financial stability of the US from the failure of "large, interconnected financial institutions", the act
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