Last tango in Basel: a Gaucho?s guide to avoiding the repayment of debt

Most voters would never have heard of the Basel-based Bank for International Settlements (BIS).

However, the BIS performs a crucial role as the central banks' banker. In establishing rules on capital adequacy requirements (the Basel Rules), it influences how much banks can lend to business and individuals. Yet its own internal governance is in need of urgent reform...

Read the full blog post here

Source: http://www.iea.org.uk/blog/last-tango-in-basel-a-gaucho%E2%80%99s-guide-to-avoiding-the-repayment-of-debt

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