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A new proposal regarding credit risk measurement, which was issued for comment by the Basel Committee on Banking Supervision in December, has the potential to put bank loans out of reach for smaller credit unions that are not subject to risk-based capital rules, according to the World Council of Credit Unions. The proposal could also cause credit unions without a formal RBC analysis to be rated at 10 times the current risk level when attempting to borrow from RBC-compliant banks, WOCCU said.

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