Gold Could Be a Zero Per Cent Credit Risk-Weighted Asset Under Basel III

• maneco64
  #gold​ #basel3​ #BIS​ #Tier1capital​ #banking​ #regulations​ #federalreserve​ #money​ #markets​ #RWAs​
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  We have looked deeper into the Basel III rules and all the talk of Tier 1 “asset” and have come to the conclusion that the term Tier 1 or 2 is only used when referred to a banks capital and not its assets. So gold like any other asset under Basel III is not a Tier 1 or 2 asset but Risk-Weighted Assets or RWAs.
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  Finalising Basel II In brief: https://www.bis.org/bcbs/publ/d424_in…​
  Basel III: Finalising post-crisis reforms: https://www.bis.org/bcbs/publ/d424.pdf

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