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Page last updated at 08:47 GMT, Saturday, 18 September 2010 09:47 UK

Myners: New rules 'ignore bank liquidity'


Last weekend, Basel III set out new rules for banking regulation that increased the capital banks have to hold from 2% to 7% and came up with a stricter definition of what constitutes as capital. Former City minister Lord Myners discusses whether the new rules will help prevent a future banking crisis.

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