Basel III Timeline To Stem Forced ABS Sales

13 Sep 2010

The seven-year transition period for the introduction of leverage ratios under the new Basel III capital requirements should stave off forced sales of large legacy portfolios of asset-backed securities among European banks, according to market participants in London.

—Hugh Leask

The seven-year transition period for the introduction of leverage ratios under the new Basel III capital requirements should stave off forced sales of large legacy portfolios of asset-backed securities among European banks, according to market participants in London.

The far-reaching reforms, set out recently by the Basel ...

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