Questions over US participation in home-host regime for AMA
REGULATORY UPDATE
This disclosure came during hearings on Basel II held by the House of Representatives’ subcommittee on financial institutions and consumer credit in early May. Thomas Curry, director of the US Federal Deposit Insurance Corporation, one of the four key banking regulators in that country, said: "Rather than compromise the principle of bank-centric capital calculation because the unique features of the AMA forces such compromises upon us, we would be more inclined to offer significant flexibility
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