Institute Of International Finance Calls For Risk-Based Capital Rules

THE Institute of International Finance (IIF), a Washington-based association with 282 members worldwide, is pressing the Basle Committee and other international regulatory organizations to overhaul ageing capital adequacy regulations by introducing modern financial risk management techniques.

"Everything in life needs to be updated and we think we are reaching this point with capital adequacy," says Barbara Matthews, banking advisory and regulatory counsel at the IIF.

The group is preparing a

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