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Subjects / Resolution and Recovery

Newsletter March 09: Regulators set out next steps to strengthen capital

Simon Turmaine | March 19, 2009

BASEL – Regulators\' determination to ensure that major banks eventually hold higher and better quality capital was underscored in mid-March when the Basel Committee spelt out the comprehensive series of measures that it intends to develop during the next couple of years. The four-point package of measures was endorsed at the latest quarterly meeting of Basel Committee regulators, who set prudential standards for banks.

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