FSA releases Basel II information
REGULATORY UPDATE
According to the December meeting minutes of the Basel II/ CRD Implementation Advisory Group, FSA officials expect that the consultation paper released at the end of January "would not be the FSA’s final statement on its implementation of the CRD, though it was intended to give a good indication of the overall approach". The document will only contain examples of draft rules, including some examples of what the regulator means by the phrase "copy out". The second consultation paper, the timing
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