Analysis: Basel III will let the G-20 to focus on "too big to fail"

09/13/2010 | Reuters

The Group of 20 leading economies are not expected to ease up on financial reform because of a deal reached on banks' capital requirements. Instead, the Basel III accord will clear the way for leaders to focus on the issue of banks deemed "too big to fail," according to Reuters. The G-20 will met in Seoul, South Korea, in November to scrutinize systemically important financial institutions, the derivatives market and "shadow banking."

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