Could Trump trigger demise of Basel IV?
Knock-on effects of US president's "war" on financial regulation could see Europe pull away from implementing banking regulations. For Asia-based treasurers, that could mean easier access to trade finance and simpler remittances.
US President Donald Trump has indicated his intent to sweep away restrictive banking regulation after ordering the US Treasury to report back in three months on how to ease the burden on US corporates wishing to do business globally.
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