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Basel Committee reaffirms commitment to finalise post-crisis Basel III reforms

Basel Committee reaffirms commitment to finalise post-crisis Basel III reforms

On 2 March 2017 the Basel Committee published a short press release to confirm that the remaining Basel III changes are still under way. The work includes revisions to the risk-weighted asset framework, the leverage ratio framework and the output floor. According to the chairman of the Committee the revisions will take longer than originally expected.