Maas calls for faster, more consistent global regulatory framework implementation

IIF seeks more coherence in regulatory framework

US banking agencies should avoid finalising implementation processes which could undermine global consistency and risk sensitivity; the Basel Committee’s Accord Implementation Group should make flexibility a key criterion as it develops capital requirements related for trading book assets; and there must be more progress on international accounting standards.These are three global priorities, according to Cees Maas, vice-chairman and treasurer of the Institute of International Finance (IIF)