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House Price Crash Forum

Basel 3 Significantly Watered Down

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BBC finance report was saying that bank stocks are up today because the Basel III capital requirements have been "significantly watered down", but no further details given

Anyone have further info?

apols if a thread already, couldn't find it if so

I guess (hope) they watered it down for good reason: just for a few years, to avoid reducing credit flows to abruptly now, in this tight international circumstances.

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