New York Fed's Rutledge on Basel II

In the speech 'Basel II: Risk management and financial stability' given on 17 May, William Rutledge of the Federal Reserve Bank of New York said the implementation of Basel II should help supervisors and market participants better detect increases in risk in individual institutions and across the financial system through a more risk sensitive capital measure.

"Basel II also promises to reinforce and accelerate improvements in bank risk management globally, as well as promote future innovations

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