Asian banks are expected to continue issuing Basel III securities to comply with the stricter capital requirements, global ratings agency Moody’s Investors Service said.
In a statement released on Thursday, Moody’s said that Asia-Pacific banks have been active in issuing Basel III securities that contain contractual bail-in terms, even though the region has been cautious in implementing statutory resolution and bail-in regimes in comparison to more rapid progress in the United States and Europe.
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