Corporate governance takes regulators’ centre stage


Chicago -- The Basel Committee on Banking Supervision will pay close attention to three key areas when finalising the market discipline portion of the new Basel II document, slated to be released by mid-2004, according to a recent speech by Jaime Caruana, chairman of the committee.

The Pillar III portion of Basel II received detailed attention from regulators at the beginning of November during a conference on market discipline held jointly by the Federal Reserve Bank of Chicago and the Bank for

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