FBE weighs in on implications of US delay
Regulators from both sides of the Atlantic are currently involved with complicated discussions to solve home-host issues. The FBE welcomes this bilateral approach, but stated, "there is also a need for a more structured dialogue to ensure that a level playing field is maintained". One outstanding issue includes what regulation will apply when a parent company, or a significant subsidiary, is still operating under Basel 1.
The FBE also stressed that clarity from banking supervisors
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