Tu che dici che siamo tutti 'assoggettati alla grandfathering'
That you say we're all grandfathered in
E’ inoltre incerto se l’amministrazione concederà un periodo transitorio (c.d. grandfathering period) al fine di consentire un graduale recepimento della nuova normativa.
It is also uncertain whether the administration will allow a transition period (the so-called “grandfathering period”) in order to allow a gradual adoption of the new legislation.
La banca centrale del Kuwait aveva annunciato la transizione ai requisiti patrimoniali di Basilea III a inizio 2014; il vecchio capitale Tier 2 non beneficiava di un periodo di transizione come invece previsto in Europa con il grandfathering.
The Central Bank of Kuwait had announced the transition to Basel III capital adequacy in early 2014, with old-style Tier 2 capital not benefiting of any phase-out period unlike in Europe where there is grandfathering.
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That you say we're all grandfathered in 