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Regions / Americas

Newsletter Mar 2007: Regulators must respond to justified bank concerns

Simon Turmaine | March 22, 2007

WASHINGTON – Banking regulators face the big challenge over the next five to ten years of deciding their response to the growing, and justified, concern of major international banks that they are subject to multiple regulatory regimes, with at best duplicative and at worst mutually incompatible requirements, a top banking supervisor said in March.

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