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US, Japan lag EU on adopting Basel III standards, report shows

By Neil Roland ( October 19, 2017, 19:37 GMT | Insight) -- The US and Japan lag far behind the EU in meeting Basel III bank capital standards, failing to even draft a handful of measures that were supposed to have been adopted by now, a Basel Committee on Banking Supervision report shows. Most of the 27 Basel members have proposed or adopted standards that the US and Japan haven't gotten off the ground, including those for risk-based capital, liquidity and disclosure, the progress report released this week shows.The US and Japan lag far behind the EU in meeting Basel III bank capital standards, failing to even draft a handful of measures that were supposed to have been adopted by now, a Basel Committee on Banking Supervision report shows....

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