The Basel Committee's new capital accord will be signed at the end of June, and implemented from the end of 2006 onwards. Nick Le Pan, Canada's leading supervisor is vice chairman of the committee and gave an exclusive interview to The Financial Regulator about how the accord could be implemented. CentralBankNet takes a sneak preview.

The accord is apparently resolved: what should banks and supervisors now be doing?

The committee has reached an understanding on the framework. There are now s