10/28/2010

A committee commissioned by the Bank for International Settlements said banks will find it difficult to meet the tougher Basel III rules for capital and liquidity. Meanwhile, Timothy Ryan, president and CEO of SIFMA, questioned whether the tasks and requirements facing the industry and particularly regulators are workable. Ryan talked to the National Economists Club about an extensive effort in the U.S. to write rules for the finance industry that are in addition to Basel III.

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