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Of course, getting an international agreement on minimum anti-laundering standards will not be an easy task.
ECONOMIST: That infernal washing machine
The ICB's other headline proposal is that large British banks should have to hold bigger buffers against losses than currently proposed under Basel 3, a new international agreement on minimum capital requirements.
ECONOMIST: The chancellor accepts tough new rules on banks
Over in the U.S., at least on the surface, regulators appear to be in agreement on setting minimum standards.
FORBES: Regulatory Roulette: A Dangerous Loophole In The New Capital Requirement Rules
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