Quantitative impact studies will go regional

The Basel Committee on Banking Supervision does not plan on conducting further quantitative impact studies (QISs) to explore the effect that the new Basel II framework will have on the international banking industry, according to Patricia Jackson, special adviser to the Bank of England, at a recent conference.

“I’ve now done four QISs, if you count QIS 2.5 as well, and I’m not sure I want to do another one,” said Jackson in an amused tone of voice. “And I’m not sure another QIS would be helpful. I think banks might want to do their own, and some supervisors might want to cross-check what’s happening at some of the banks, but I’m not sure another worldwide exercise would be helpful.”

The forms for the last QIS study were issued in October 2002, and information was turned into central banks in late

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