QIS4 set to go international in 2005

"A large number of member countries will do at least something during 2005," says an official in Basel. "But it's not yet clear in every case when they will start and which banks will participate, and so on. In some countries there are still ongoing discussions." Countries who have committed to a QIS4 include the US, the UK and Germany. According to one well-placed source, Italy, Spain and France will also be involved. Canada and Japan are said to have decided not to participate. The 13

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