Basel Committee names and shames regulatory laggards
Mexico, China, and US yet to implement key rule changes
The international standard-setting body for banking supervision said a number of member jurisdictions have missed deadlines for the implementation of key measures addressing credit and liquidity risk, as well as the central clearing of derivatives.
The Basel Committee urged the “full, timely and consistent implementation” of post-crisis regulatory reforms, in its fifteenth progress report on the adoption of globally agreed-upon banking rules.
Mexico continues to be the laggard of the 27
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