Experts expect to finalise Basel II securitisation issues this week
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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
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