Momentum behind central banks’ gold buying could last longer
Jul 09, 2021
3 minutes
By Schalk Louw
fter several shortcomings in Basel II financial regulations were identified during the 2007 subprime mortgage crisis, members of the Basel Committee on Banking Supervision (BCBS) began working on Basel III between 2008 and 2009, which was finally approved in November 2010. Simply put, the latter is a set of international banking regulations developed specifically for the stability of the international financial system. These regulations were originally proposed for implementation between 2013 and 2015,
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