Basel Committee expects to meet tight QIS 3 schedule

Some 265 banks from nearly 50 countries are expected to reply by the December 20 deadline to QIS 3, the third Basel II third quantitative impact study. QIS 3 seeks information on how banks will be affected by the complex Basel II capital adequacy accord that the regulators of the Basel Committee on Banking Supervision want to bring into effect by late 2006.

Frequently asked questions (FAQs) on the operational risk aspects of QIS 3, and also on the earlier operational loss data collection exer

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