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My January 2015 and 2016 columns dealt with proposed changes to the international standards by which banks are required to calculate their risk-based capital. “Basel Committee Proposes Changes to Standardized Approach Capital Rules,” NYLJ, Jan. 14, 2015; “Revised Proposed Changes to Capital Requirements,” NYLJ, Jan. 13, 2016. Those changes have now been finalized and my column this month highlights some of the major revisions.
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