What's happening and when

Basel II

• The final version of the Basel II Accord was published by the Basel Committee on Banking Supervision on June 26, 2004. Implementation of the BIA and STA is due on January 1, 2007, while the deadline for AMA was extended until January 1, 2008. The final version of the trading book portion of the framework was published in July and is available at www.bis.org.

• The Accord Implementation Group established an op risk sub-group in Q4 2004. Headed by Kevin Bailey, deputy comptroller at the

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