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US Federal Reserve Board - new final rule on Basel III capital requirements
The Board of Governors of the Federal Reserve System has approved a final rule that revises the risk-based and leverage capital requirements for banks.
The rule implements the Basel III regulatory capital reforms and certain changes required by the Dodd-Frank in the US. The final rule:
Compliance is subject to a series of transitional periods beginning 1 January 2014.
Related Link :
http://federalreserve.gov/newsevents/press/bcreg/20130702a.htm
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