Funding concerns for banks could prompt Basel III rethink
The banking sector has ramped up its efforts in recent weeks to convince regulators to amend specific aspects of the proposed Basel III accord related to liquid and long-term funding sources, which banks claim would be impossible to implement in their current form.
For over two years, the Basel Committee on Banking Supervision has been working on major amendments to the international regulatory framework to ensure the long-term stability of the banking sector.
However, with time running out for
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