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Regions / Europe

Newsletter Jul/Aug 2009: Basel Committee, EU issue capital framework revisions

Simon Turmaine | August 6, 2009

BASEL/BRUSSELS – At its meeting in early July, the newly-expanded Basel Committee, which sets prudential standards for banks around the world, approved a substantial package of measures to toughen up the Basel II capital adequacy framework and fix some of the weaknesses revealed by the financial crisis.

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