Basel III endgame: why moving fast might prove better for banks
Republicans are pushing for reproposal, but a rapid finalisation may prove less far-reaching
US Republicans have been clear about what they want regulators to do with controversial proposed prudential rules: go back to the drawing board. But perhaps they need to be careful what they wish for. In practice, a fast track to finalising the US implementation of the Basel III banking standards may require the three federal regulators to scale back their ambitions, which would be more in line
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