BIS top body poised to approve Basel III

The Bank for International Settlements, Basel
December 7 could mark the end of a long road for the Basel Committee
Ulrich Roth

The body that oversees the work of the Basel Committee on Banking Supervision looks set to give its final sign-off to the committee’s updated set of banking rules this week, almost a year behind schedule.

The Group of Governors and Heads of Supervision meets on December 7 in Frankfurt, with GHOS chair Mario Draghi and Basel Committee chair Stefan Ingves due to hold a press conference on reforms to the Basel III framework at 5pm local time.

In the clearest indication yet that agreement is withi

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