EU lawmakers step up pace to meet Basel III deadline

11/12/2012 | Reuters · Wall Street Journal, The

European lawmakers remain committed to implementing standards to meet Basel III capital requirements by a Jan. 1 deadline, accelerating a schedule of meetings on the subject. Even so, some lawmakers say they might have to extend the deadline to February. U.S. regulators recently said they won't be able to implement Basel III by Jan. 1.

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Reuters · Wall Street Journal, The

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