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The report tracks the implementation of Basel II, Basel 2.5 and Basel III by Committee member countries. It outlines the progress of individual member countries in transforming the Committee's regulatory standards into national law or regulation according to the internationally agreed timeframes. Stefan Ingves, Chairman of the Basel Committee and Governor of Sveriges Riksbank, said: "Full, timely and consistent implementation of the new capital standards by internationally active banks is a top priority for the Basel Committee. This will help to restore confidence in regulatory capital ratios and to improve the resilience of the global banking system. Committee members are encouraged to keep up their efforts to ensure that implementation of the Basel III rules can begin, as agreed, from...
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