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Archive

Simon Turmaine | November 17, 2010

BASEL – Proposals requiring systemically important banks to hold additional capital will be completed by the end of 2011, according to the Financial Stability Board (FSB), the body overseeing implementation of regulatory reforms decided by leaders of the Group of 20 largest economies. The timetable for addressing the vexed question of banks that are “too-big-to-fail” is set out in a report* prepared by the Basel-based FSB for the Seoul G20 summit on November 11 and 12.

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