UK looks over to Europe in responses to CP189

Regulatory Update

CP189: Report and first consultation on the implementation of the new Basel and EU capital adequacy standards had originally been published in July 2003, with comments due in mid-November 2003. The next draft of the document, which will be titled Rules and guidance to implement the new Basel and EU capital adequacy standards and ICAS framework for investment firms and deposit takers is to be produced in the third quarter. It will also include a feedback statement to CP189.

"I think that the real

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