E-News 10-25-24
FEDERAL GOVERNMENT RELATIONS
Basel committee head urges adoption of new standards
Erik Thedéen, the new chair of the Basel Committee on Banking Supervision, is calling for the swift implementation of the latest Basel III standards. Speaking at the Institute of International Finance, Thedéen said the standards are important for global financial stability, warning against short-term policymaking that could weaken regulatory oversight. The U.S. has so far stalled its implementation, causing other regions to reconsider their commitments.
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CFPB issues...