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Basel Committee’s Walter: Basel III on track

A package of reforms to the Basel II capital framework will be calibrated by year-end as planned, says secretary-general.

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Stefan Walter

Despite vociferous industry opposition to its proposed reforms and widespread pressure to review its optimistic planned timeline, the Basel Committee on Banking Supervision remains on track to finalise its proposals by the end of this year, its secretary-general has said.

Speaking before the European Parliament's committee on economic and monetary affairs yesterday, Stefan Walter said the Basel

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