Dodd-Frank Could Delay Basel Rules In U.S.

05 Jul 2011

A provision in the Dodd-Frank Act that bars U.S. regulators from using credit rating agencies to assess risk could delay implementation of capital requirements adopted by the Basel Committee on Banking Supervision, according to JPMorgan Securities.

A provision in the Dodd-Frank Act that bars U.S. regulators from using credit rating agencies to assess risk could delay implementation of capital requirements adopted by the Basel Committee on Banking Supervision, according to JPMorgan Securities. Regulators currently have no good alternative to credit ratings to determine bank’ ...

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