MAS's Palmer on Basel II and beyond

In a speech on 'Basel II and beyond' given on 12 July, John Palmer of the Monetary Authority of Singapore said we should not look at the release of the final version of Basel II as the end of the process to set more risk-sensitive capital adequacy requirements for banks. It is really the end of the beginning.

Basel II is a milestone on a longer journey, Palmer said. "One that will occupy the energies of bankers and prudential supervisors for many years to come. This is not meant to be a

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