Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III.
Basel III includes wide acceptance of bail-in as a way of rescuing failing banks.
Unlike a bailout, which involves external assistance (often from taxpayers), a bail-in restructures the bank’s liabilities internally…
https://expose-news.com/2024/10/02/63-central-banks-are-implementing-basel-iii/
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2024-10-03 13:51:47
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