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The new Accord delayed

Implementation of Basel II has been delayed to 2005, and regulators are revising key elements of their proposals for a new Accord on bank capital.

Basel II seen as meeting key challenge

The Basel II banking accord is the latest and highly welcome example of how regulators and policy-makers are meeting one of the two key challenges facing them today, Bank for International Settlements (BIS) president Urban Bäckström said in June.

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