Basel Committee: co-ordination is working well

The Basel Committee has given itself a pat on the back in its latest newsletter released yesterday, and concluded that its drive to co-ordinate supervision is working to help address implementation at institutions. The organisation singled out the paper High-level principles for the cross-border implementation of the New Accord as being helpful in orienting discussions among supervisors, and between supervisors and the industry.

The Committee also believes feedback regarding the workings of the

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