Basel’s Coen: More to do to make banks safe

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Basel’s Coen: More to do to make banks safe

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Basel, Switzerland | HappyAlex - Fotolia

Rejecting once again the designation ‘Basel IV’ for upcoming pieces of its regulatory framework, the Basel Committee on Banking Supervision’s secretary general, William Coen, said on Tuesday that yet more needs to be done to fortify the banking sector once the remaining pieces of Basel III are finalised.

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