System improvements for Basel II still uncertain
LONDON -- There can be no certainty at present over precisely what steps banks need to take to ensure their risk management systems are compliant with the proposed Basel II capital accord aimed at making the world's banking systems safer, a UK regulator said in late September.
Regulators will need significant feedback from the banking industry to develop the final capital adequacy regimes that will apply, reasonably consistently, in all major countries, Kevin Ryan of the UK Financial Services
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