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Reminder: "Basel - 3" Bank Regulations Take Effect January 1 - Short Squeeze Expected on Gold; Will Depositors Get "Haircuts" on Bank Balances?

Reminder: "Basel - 3" Bank Regulations Take Effect January 1 - Short Squeeze Expected on Gold; Will Depositors Get "Haircuts" on Bank Balances?

Vast new regulations will come into effect for Banks around the world on January 1, 2022.  Known as the "Basel-3" Bank Supervision Regulations adopted by the Bank for International Settlements (BIS); these new rules will dramatically change how much Reserve Capital banks must have and how that Reserve Capital is valued and computed, in order to operate.

 

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