What’s coming, and when

REGULATORY UPDATE

International

• The Basel Committee on Banking Supervision announced in mid-October that it will be delaying the release of the final version of the revised Basel Accord until the second quarter of 2004, while the body consults with the financial industry on various issues. However, the implementation deadline of January 2007still stands.

• Comments on the Basel Committee’s proposals on expected and unexpected loss, and other issues, are due on December 31. The Basel Committee will meet in mid

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