Jan 17, 2025
Latest setback, after talks with Treasury, blamed on lack of clarity about implementation in USBusiness live – latest updatesThe Bank of England has delayed the introduction of tougher global banking capital rules by a further year to prevent another 2008-style crash, blaming the second delay on a lack of clarity about its implementation in the US.The Bank’s regulator, which made the decision after consultation with the Treasury, also said it was taking into account “competitive and growth considerations”. Continue reading...
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