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Basel III will represent major improvement 

April 27, 2018

Securities Lending Times ,Jenna Lomax

"The revised market risk framework drawn up by the Basel Committee on Banking Supervision (BCBS) for Basel III will represent a major improvement to the pre-crisis regulatory framework when it is finally completed and implemented, according to the authority.

The comments were made in a keynote speech by William Coen, secretary general of the BCBS at the 33rd annual meeting of International Swaps and Derivatives Association (ISDA) in Miami, Florida.

Coen discussed the set of the new framework firmly in the context of the quarter of a century that it has taken to develop, in particular the past decade since the global financial crisis."

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