Basle II regulators lighten pillar 3 disclosure burden


BASLE, SWITZERLAND -- Global banking regulators said in late September they would significantly reduce the amount of information they would require from banks under a key provision of the proposed Basle II banking accord.

Regulators said they have reduced to hundreds from thousands the number of items of information that will be required from banks under the so-called third pillar of Basle II. Pillar 3 will require banks to reveal more information so that investors, analysts and customers can

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