Knight: Activities of the BIS- 2003-2004 in review

In a speech on the occasion of the BIS Annual General Meeting on 28 June Malcolm Knight of the BIS said the implementation of Basel II will start in the member countries of the Basel Committee as from the end of 2006, with the most advanced measurement approaches being subject to one further year of impact analysis and parallel running. "I am convinced that supervisory authorities worldwide will want to upgrade their regulatory regimes in line with Basel II once they have adequately prepared

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