Bies on the challenges of Basel II implementation

In the speech 'Addressing challenges raised by Basel II implementation' given on 4 July Susan Schmidt Bies of the Federal Reserve said US bank regulators are moving smoothly through proposed rules implementing Basel II bank capital standards and are on track to publish a proposal for public comment.

"Those approval processes are going well and there have not been any unanticipated issues so far," Bies said in a speech to a conference in Paris.

Bank regulators plan to issue another draft, and then

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