Basle regulators still hope for 2005 date as doubts increase


BASLE, SWITZERLAND -- The Basle II bank capital adequacy accord could still come into effect by 2005, even if quite late in that year, although the date very much hangs in the balance, international regulatory sources said in early March.

They were commenting on remarks by senior national regulators that the date was likely to slip to 2006 because of the complexity of the new risk-based accord, designed to replace the simpler current accord -- Basle I -- that dates from 1988. They were also

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