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The Basel Committee on Banking Supervision (BCBS) announced on December 7th that an agreement was reached on the finalisation of the Basel III post-crisis framework. The calibration of the output capital floor was the most significant pending element and the main focus of negotiations. These announcements will help bring cl…
Highlights: EBA published impacts of the finalisation of Basel III framework for European banks. The Council approved EU's legislative priorities for 2018-2019. International standard-setting bodies launched surveys on incentives to centrally clear OTC derivatives trades. Finally, the ESAs published standards on money laund…
