Basel III forms challenges for peripheral nations, exec says

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

At ISDA's Annual General Meeting in Singapore, Jonathan Hunter of RBC Capital Markets voiced concern that Basel III and other rules developed largely in reserve-currency countries are increasing liquidity pressure 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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