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Principles of Natural Law in Finance In the world of finance, three primary principles derived from Natural Law play a crucial role: Universality : Just as laws like gravity apply everywhere, certain principles in finance, such as risk and reward, are universally recognized. Rationality: Making decisions based on reason and not emotion.
The Basel Committee on Banking Supervision introduced Basel III in November 2010; a set of international banking regulations with the aim of improving banking sector stability and strengthening regulation in order to allow both to withstand financial shocks.
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