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Fitch: Implementation of BIS III Guidance Varies Across Latin America

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NEW YORK--(BUSINESS WIRE)--After a review of the current status of the implementation of BIS III recommendations in Latin America, Fitch has concluded that unlike Europe and to a certain extent, the U.S., most Latin American (LATAM) bank regulators have not followed the Bank of International Settlements guidance on bank supervision (BIS III). Adherence to BIS regulatory principles varies, with Brazil and Mexico at the forefront. A second group of countries is migrating toward these principles a

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