London, 12 January 2015 -- The rated UK building society sector is -- in unison -- leading the way in implementing the Basel III requirements in the UK. Many in this sector are already fully compliant with the Basel III framework relating to risk-based capital, leverage and liquidity requirements. Given the homogeneity of their business model, building societies have started from the same point and are facing the same challenges, thus positioning them ahead of their high street banking rivals which show a wide heterogeneity in adapting to the new regulatory environment.

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