Bank of Thailand welcomes new Basel Capital Accord

Below is a press release issued by the Bank of Thailand.

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On 16 January 2001 the Basel Committee on Banking Supervision issued a proposal for a New Capital Accord. This proposal is an update of the version issued in June 1999, with a final version expected by the end of this year. Implementation will occur in 2004.

The Basel Committee on Banking Supervision first issued capital guidelines applicable to banking organizations in its Capital Ac

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