Romeo Full Staff

“Clarification Regarding Basel III and Basel IV” by DW in SC – 3.30.23


Entry Submitted by DW in SC at 6:44 PM ET on March 30, 2023 CLARIFICATION – Regardless of what some “gurus” are saying, Basel III and Basel IV rules do not apply to nearly all medium size and virtually no small size banks within the USA. This means THESE BANKS WILL NOT BE CLOSED DOWN for non-compliance to Basel! The standards established by the Basel accords are voluntary. The Basel Committee on Banking Supervision has no enforcement powers but relies on each participating nation’s regulators to implement them. Basel III: Basel III standards are minimum requirements which apply to internationally active banks. Basel III was originally slated to begin in 2015, but the deadline was pushed back several times…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Press Secretary Karine Jean-Pierre Gaggle Aboard Air Force One En Route Jackson, MS

Previous article

Restored Republic via a GCR: Update as of March 31, 2023

Next article

You may also like


Comments are closed.