Topping on Basel II : Implications for Hong Kong

- Central Banking staff
- 07 Jul 2003

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In the speech 'Basel II : Implications for Hong Kong' Simon Topping of the Hong Kong Monetary Authority said Basel II is not some abstract regulatory compliance issue of no real value to the banking industry. On the contrary, it's based very much on emerging best practices in the risk management arena globally. As regards Hong Kong, embracing the New Accord can only further strengthen our position as one of the world's leading international financial centres.

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