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Basel Committee: no decision yet to scrap Basel III liquidity rules

Regulators accept reform package will need to be reshaped but claim no decisions will be taken until July's committee meeting

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The Basel Committee on Banking Supervision has not yet made a formal decision to shelve any parts of its proposed reforms to the Basel II framework, despite reports this morning claiming bank lobbyists have won their battle to limit the new rules.

Senior committee members have told Risk they were shocked to see reports suggesting the proposal for a net stable funding ratio (NSFR) would be shelved

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