What's coming, and when

REGULATORY UPDATE

• The Bank for International Settlements' Basel Committee for Banking Supervision will in May publish Consultation Paper 3 (CP3), which will cover credit, market and operational risk. It is long-awaited, as CP2 was published in January 2001. The results of the third Quantitative Impact Study (QIS3) will be released simultaneously. QIS3 has been delayed from an original projected release of March.

• In May, the Basel Committee's Risk Management Group is organising a conference on Leading edge

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