07 12 / 2011

"One of the central pillars of the Basel III framework is the notion of a risk-free asset class,” said Matthew Czepliewicz, a banking analyst at Collins Stewart Hawkpoint Plc in London. “That central pillar is disintegrating. Basel is quite clearly going to have to be revised."

Basel Rules Face Change With No-Risk Sovereign Debt a Focus - Businessweek

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  1. alexroseinnes said: Banks might ask themselves this in 2012: “whither the AAA-rated bonds?” Gilts will be the new home for bank capital if Basel III rules aren’t amended.
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