UK allows for Basel II delays in risk-based rules for financial services

The Financial Services Authority (FSA), the UK’s chief financial market regulator, said it planned to start applying the rules to insurance companies in 2004. The final stage will be in late 2006 when the Basel II and EU rules should come into force for UK-based banks, building societies and investment firms. The FSA also said it had a target date of December 31, 2006 for bringing Basel II and the EU rules into effect.

The FSA gave the new timetable when it published a number of consultation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: