Basel Capital Accord

PRESS RELEASE - Progress towards completion of the new Basel Capital Accord, 13 December 2001

The Basel Committee on Banking Supervision today reviewed its progress toward the completion of a new Basel Capital Accord. The Committee has been significantly encouraged by the depth and extent of interaction with market participants on the working papers that it has issued in recent months. This dialogue has been extremely constructive. The direction of the Committee's proposed modifications to the

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