Financial Stability

EU divergence from Basel III could hinder global level playing field

By Justin Pugsley
BRR fallback image

In a note, Deloitte summed up the European Commission package of proposals for embedding Basel III in EU regulatory text as a case of: “delay, defer, direct, diverge or differ”. The Commission has also come out ahead of other jurisdictions, such as the US and UK, with its interpretation of Basel ...

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