The unsure future of document light
Oct 28, 2014
Document-light notional cash pools still possible, for the Dutch
As Basel III is implemented by local regulators differently, Dutch banks avoid cross-guarantee requirements.
Transaction bankers are disagreeing over the feasibility of certain notional pooling structures as local regulators implement Basel III. Bankers say that different central banks, such as the HKMA, the Bank of England, or the De Nederlandsche Bank (DNB), have different requirements on cross-guarantees.
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