Basel III won’t be a problem if implemented correctly, says Bank of England
Banks should be able to implement new Basel III capital and liquidity standards without constraining credit to the real economy as long as they adhere to the lengthy transition period and retain profits over the next eight years, the Bank of England said today.
In its twice-yearly Financial Stability Report (FSR), the bank highlighted the importance of the lengthy transition period, which will only see the full set of requirements kick in from the start of 2019 – a concession the bank is
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