BASEL III . Britain carves out exemption for gold clearing banks from Basel III rule !
LBMA : "This is one of the key points that what we've been asking for all these years," said Sakhila Mirza, the LBMA's chief counsel. "Clearing will be exempt."
https://www.reuters.com/world/china/britain-carves-out-exemption-gold-clearing-banks-basel-iii-rule-2021-07-09/
Bob Coleman explains how LBMA will continue it´s operations , trading unallocated gold , as before . Keep in mind, Basel III is an international voluntary regulatory framework designed to strengthen bank capital. So, Basel III will not have the so awaited impact to Gold price...business as usual.
https://www.goldsilvervault.com/blog/basel-3-and-londons-relationship-with-gold
- Forums
- ASX - By Stock
- Why PM prices will go higher.
BASEL III . Britain carves out exemption for gold clearing banks...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTH (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.4K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MTH (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online