Basel Committee publishes comments on CP3

The Basel Committee on Banking Supervision has posted the comments it has received on its third consultative paper (CP3) on its website this morning. Nearly 180 comments are available for download at www.bis.org.

Many associations chose to release their comments ahead of the release of the documents on the Bank for International Settlements website, including the International Swaps and Derivatives Association, the Institute of International Finance and the British Bankers’ Association. But Basel Committee members were anxious to post the comments as quickly on their website as possible, according one source, to increase the feeling of transparency in the process. The tight deadlines for Basel II’s

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