Putin seeks proposals on Basel III risk issue this month -economy minister
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MOSCOW (Reuters) - President Vladimir Putin has given officials until the end of August to make proposals on how Russia should assess commercial borrowers' risks under new international rules that the domestic banking sector plans to adopt, Economy Minister Maxim Oreshkin said.The central bank is voluntarily signing the sector up to the Basel III reforms, aimed at strengthening the regulation, supervision and risk management of banks and due to be fully implemented within the European Union by..