Fed governor urges comments for NPR

In her speech on sound capital and risk management, Bies stated that comments “will contribute importantly to the assessment of Basel II objectives and its implementation, and will help us as we develop the framework further... We strongly encourage you to comment on all aspects of the Basel II NPR, so that we have a well-informed basis for further development of the Basel II framework.”

Bies emphasised the importance of US implementation, saying that “it is helpful, as we anticipate release of

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