"Basel III delay signals growing risk of regulatory divergence" - Lombard Risk

“Basel III delay signals growing risk of regulatory divergence”

With the finalisation of the Basel III framework having been delayed over output floor levels and with a new administration taking over in the US, speculation is rife over the future shape of the framework. James Phillips, Global Regulatory Strategy Director,  Lombard Risk explains which contours of the framework have been agreed, covering a whole range of areas and discusses whether Europe will opt-out and the need for a global level playing field.

To read the full article on Global Risk Regulator, click here.