Basel II securitisation paper delayed

Regulators with the Basel Committee on Banking Supervision, the architect of the complex Basel II accord and the body that in effect regulates international banking, had hoped to publish the paper along with the key third Basel II quantitative impact study, of QIS 3, which is expected later today. However, QIS 3 will contain the new risk weightings relating to asset securitisation that the paper will discuss. QIS 3 will be accompanied by a paper reviewing progress of the risk-based Basel II

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