Basel II to be re-calibrated for Asian banks

Banking analysts said Topping's comments should reduce fears that Asian banks will be treated unfairly under Basel II, which will determine in the first instance how much of their assets large international banks must set aside as reserve capital to guard against banking risks.

The HKMA, which is the banking regulator in China's special administrative region, said in comments on Basel II to the Basel Committee on Banking Supervision that Hong Kong's banks would experience significant increases

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