Finding the perfect fit

With the implementation of Basel II firmly on the agenda for Japan's banks, Shunsuke Shirakawa of the Financial Services Agency talks about how the Japanese regulator will approach the challenges posed by the new Accord.

The ink is drying on the definitive version of Basel II, with only one or two minor wrinkles still to be ironed out. Barring any last-minute hiccups, the Switzerland-based Basel Committee on Banking Supervision expects to release the final document in a matter of months. But now the technical requirements are more or less agreed, attention is turning squarely to the not-so-small matter of implementation. And with a fair amount of flexibility written into the new Accord, much will depend on

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