Deploy Basel III quickly and globally, German regulator says

11/19/2012 | Reuters

Elke Koenig, president of German financial regulator BaFin, says the best way to implement Basel III is quickly. Koenig says criticism of the rules, years in the making and designed to avoid another global meltdown, has surprised her. "There is no way around introducing Basel III as swiftly as possible, and I mean globally," she said.

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