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jumanji0881

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jumanji0881

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Monday, 12/13/2021 7:02:24 PM

Monday, December 13, 2021 7:02:24 PM

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Basel 3 - Will it ever get implemented ?

My Comment: I've read that UK banks can opt out of the gold restrictions in Basel 3. What good are regulations if they never get implemented or if they can be opted out of ?

Found this in a google search:
The implementation date of the Basel III standards finalised in December 2017 has been deferred by one year to 1 January 2023. ... The implementation date of the revised market risk framework finalised in January 2019 has been deferred by one year to 1 January 2023.
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