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HKMA publishes consultation for Basel II rules

The Hong Kong Monetary Authority (HKMA) has released the draft rules that will frame Basel II. The rules set out different approaches to determine capital adequacy, which are due to be adopted in Hong Kong by January 2007.

Walter to run Basel Committee secretariat

Federal Bank of New York senior vice-president for banking supervision, Stefan Walter, is due to take over the role of secretary general for the Basel Committee on Banking Supervision’s secretariat at the Bank for International Settlements in Basel,…

Money for old smoke

Despite the lack of mandatory, standardised carbon trading in Asia, interest is growing fast. And several trading initiatives are under way, finds Joe Marsh

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