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jumanji0881

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jumanji0881

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Monday, 07/12/2021 12:07:00 PM

Monday, July 12, 2021 12:07:00 PM

Post# of 37919
The LBMA dodged the Basel III bullet : https://www.kitco.com/news/2021-07-12/The-LBMA-dodged-the-Basel-III-bullet.html

My comment: You knew they would get out of Basel III.

Excerpt:
(Kitco News) - Banks in the U.K are free to apply to be exempt from the Basel III clearing rules. According to Reuters, the upcoming change in rules, known as the net stable funding ratio (NSFR), are part of Basel III regulations designed to make banks more stable and prevent a repeat of the financial crisis of 2008-09
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