This is something that has been in the works really for a decade, and the U.S. prudential regulators have put out a proposal that really gold-plates compared to what the Europeans are doing.
Frank Lucas: “This is something that has been in the works really for a decade, and the U.S. prudential regulators have put out a…”
Editor's note · Context
Lucas discusses the lengthy development of the Basel III Endgame capital proposal and its implications.
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