Basel regulators still hope for 2005 date as doubts increase

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 - Basel I - that dates from 1988. They were also speaking ahead of March meetings of global banking supervisors in Basel.

German Bundesbank president Ernst Welteke said in a mid-February newspaper interview that the new rules, which will determine how much reserve capital major banks must set

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