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Accounting and Regulation: Basel Agrees to a Softened Stance

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July 27, 2010

New bank capital and liquidity requirements continue to soften.

With the reported exception of Germany, the Basel Committee’s Board of Governors agreed Monday to changes in bank capital and liquidity requirements to be introduced later this year under Basel III. Several of the changes touch on key points of contention expressed by bank treasurers in comment letters and at the UBS-sponsored annual meeting of The NeuGroup’s Bank Treasurer’s Peer Group last May. The biggest takeaway from the changes is that bank regulators...