Basel III forms challenges for peripheral nations, exec says

04/24/2013 | Risk.net (subscription required)

Jonathan Hunter of RBC Capital Markets has voiced concerns about how Basel III and other rules developed largely in reserve-currency countries are increasing liquidity pressures on companies that operate in Canada, Australia and other "peripheral markets". "Those framing the rules need to be more mindful of the unintended consequences their requirements could have on more peripheral states," Hunter said.

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