How Central Bank Regulations Are Quietly Rewriting the Future of Global Finance
Thankyou. You explained it beautifully.
Can you confirm that under Basel III rules, if banks hold gold on their balance sheets they have also to hold a corresponding short position ? I think this needs to be made clear. Thanks
The London Bullion Market Association sent me this email: Thank you for your email.
Please see the link below for more information on the subject:
https://www.lbma.org.uk/articles/gold-and-hqla-correcting-misleading-online-information
Please let us know should you have any further questions.
Kind Regards,
Where is this listed on the Bank For International Settlements' website?
Thankyou. You explained it beautifully.
Can you confirm that under Basel III rules, if banks hold gold on their balance sheets they have also to hold a corresponding short position ? I think this needs to be made clear. Thanks
The London Bullion Market Association sent me this email: Thank you for your email.
Please see the link below for more information on the subject:
https://www.lbma.org.uk/articles/gold-and-hqla-correcting-misleading-online-information
Please let us know should you have any further questions.
Kind Regards,
Where is this listed on the Bank For International Settlements' website?