Basel Committee signals shift towards Basel III implementation
Efforts will focus on ensuring moving parts do not come into conflict
The Basel Committee on Banking Supervision (BCBS) is shifting its focus towards the implementation of the Basel III framework, with the emphasis on ensuring the disparate moving parts work together as intended, according to a work programme for 2015–16, published today.
The programme gives an outline of the committee's work in the coming years, indicating a shift in focus from designing standards to testing them in practice. New and revised elements of the Basel framework are also in the
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