Le Pan on implementation of Basel II - next steps

In a speech on 'Implementation of Basel II - the next steps' given on 6 July, Nicholas Le Pan, Chairman of the Basel Accord Implementation Group, said cost effective implementation is in the interest of not only banks but of supervisors. Supervisors don't have unlimited resources, and so, in many ways supervisors and banks have similar incentives to try to find ways to economize on the use of resources in order to do an effective job.

"A year ago, the questions I got asked the most frequently

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