French governor sees outlines of possible Basel III deal
Internal models will still regulate some portfolios, governor predicts
"The possible outlines of the final Basel III reform are becoming clearer," despite the failure to reach an agreement at the recent Santiago meeting, the governor of the Banque de France said in a speech on December 6.
François Villeroy de Galhau's statement seems to indicate certain key demands made in public by German negotiators may be accepted in the final accords. The French governor also noted that eurozone countries, and particularly France and Germany, had co-operated well at the
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