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Europe Set to Postpone Decision on Bank Liquidity Standards 

June 18, 2014

Europe is set to delay its decision on how to implement Basel III bank liquidity rules beyond a June 30 deadline.

“It’s indeed likely,” Chantal Hughes, spokeswoman for Michel Barnier, the European Union’s financial services chief, said today. The European Commission is looking into convening a meeting for its expert group in July to discuss liquidity rules, Steen Poulsen, head of section at the Danish Economy Ministry, said by phone. Talks may take place as late as September, according to Hughes.

Read More: BloombergBusinessweek

 
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