Chartis: New concerns wash up as the wave of regulation subsides
For the world’s biggest Financial Institutions (FIs), the ‘tidal wave’ of global regulation that gained momentum after the 2007/8 financial crisis has now broken ashore. Weighty regulations and directives that have taken many years to draw up, amend, negotiate and amend again are now finally upon us. The wave has had pretty far-reaching effects, too, fundamentally changing the way FIs operate and transforming the challenges they face.
The finalised text for Basel 3 – the Basel Committee on
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