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Financial Stability Board, Basel Committee on Banking Supervision: Assessment of the macroeconomic impact of stronger capital and liquidity requirements

( August 18, 2010, 10:02 GMT | Official Statement) -- MLex Summary: Global banking standard-setters estimated that raising capital and liquidity requirements will have reduce economic growth by a "moderate" amount while being phased in, with longer-term costs outweighed by the benefits of preventing future financial crises.[The statement follows, with the full reports attached at bottom.]...

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