Supervisors delay Basel IV amid coronavirus chaos

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Supervisors delay Basel IV amid coronavirus chaos

Tyler Davies
March 27, 2020 03:30 PM
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27.03.2020., Zagreb, Croatia - Illustration for coronavirus COVID-19 with a man wearing safety gloves. Photo: Davor Puklavec/PIXSELL | Davor Puklavec/PIXSELL/PA Images

Banks will have an extra year to comply with the latest set of bank capital rules, with the Basel Committee telling the industry on Friday to focus on responding to the coronavirus pandemic instead.

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