Maas calls for faster, more consistent global regulatory framework implementation

US banking agencies should avoid finalising implementation processes which could undermine global consistency and risk sensitivity; the Basel Committee’s Accord Implementation Group should make flexibility a key criterion as it develops capital requirements related for trading book assets; and there must be more progress on international accounting standards.These are three global priorities, according to Cees Maas, vice-chairman and treasurer of the Institute of International Finance (IIF)

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