QIS5 presents no problems to the aims of Basel II, says Basel Committee chairman

According to Caruana, the key to the success of Basel II is to maintain sufficient capital to cover risk while ensuring a level playing field for global banks. “I have not seen anything that would question the [QIS5] results… It is my belief that the incentives in Basel II will create greater financial stability,” Carauna said on Tuesday at the Global Association of Risk Professionals’ annual Basel II conference in Barcelona. The results of QIS5 are eagerly awaited by the financial services

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