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Subjects / Liquidity

Newsletter March 2013: Russia adopts Basel III capital rules

Simon Turmaine | March 14, 2013

MOSCOW – The Basel III capital regulation has been formally adopted by Russia, according to a notice published by the country’s central bank at the end of February. It said the effective start date of the regulation is March 1, 2013. For the purposes of reporting to the central bank – the Bank of Russia – the country’s banks will have to begin calculating their regulatory capital on the basis of the new rules from the quarter beginning on April 1, 2013.

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