QIS5 results delayed until June, says BIS
BASEL, SWITZERLAND – The results of quantitative impact study five will be delayed until June, according to officials from the Bank for International Settlements in Basel, Switzerland
Originally, the results of QIS5, along with a recalibration of Basel II, were expected this spring, which many thought would be March or April. Information on QIS5 was first posted during summer 2005, and banks were expected to turn over their information by the end of December 2005.
However, the UK – one of the very first banks to begin its domestic QIS5 process – will only be ready to turn its
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