Barbados central bank on Basel II progress
Banks in Barbados are moving ahead with implementing the Advanced IRB guidelines in Basel II for 2012.
In a report, Marion Williams, governor of the Central Bank of Barbados, said that domestic banks are expected to move to transition to the advanced internal ratings-based approach by 2012. Discussions will be necessary with the head offices of banks with respect to their plans as some international banks may wish to go to Advanced IRB before that date.
In developing a programme to advance the
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