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With lower than three months to go earlier than a swath of latest Basel III requirements turns into obligatory, solely three nations – Canada, Japan and Saudi Arabia – have printed remaining guidelines. Fourteen jurisdictions have made modest progress, whereas three – Hong Kong, India and Turkey – are nonetheless in drafting section.
A set of revised requirements geared toward making the capital framework extra strong was finalised in 2017, and later complemented by an overhauled market threat framework in 2019. The agreed date to kick
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