Experts expect to finalise Basel II securitisation issues this week

Regulators with the Basel Committee on Banking Supervision, the architect of Basel II and the body that in effect regulates international banking, are confident of agreeing a solution that will be published in early October. That is likely to be shortly after October 1 when a key Basel II survey – the third quantitative impact study or QIS 3 – will also be issued to over 300 banks in some 40 countries.

Asset securitisation takes place when banks pool assets in the form of their loans and ot