Australian banks must comply with liquidity rule early

05/6/2013 | Australian (tiered subscription model), The

The Australian Prudential Regulation Authority is requiring banks to meet the Basel III liquidity-coverage ratio by 2015, earlier than mandated by the Basel Committee on Banking Supervision. The global regulator says banks must be 60% compliant by 2015 and fully compliant by 2019.

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Australian (tiered subscription model), The

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