South Korea to implement global capital rules this month.

BANKING AND CREDIT NEWS-June 29, 2020--South Korea to implement global capital rules this month

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Global Banking News - 29 June 2020

The government of South Korea is planning to implement new global bank capital rules, Basel III, this month.

The country's financial regulator said on Sunday that the move is expected to boost South Korean banks' capital adequacy ratios. Basel III rules were agreed upon by financial regulators around the world in 2017.

The new rules...

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