Global banking community poised and ready for QIS 3 op risk results

The study was distributed in October by the Bank for International Settlement’s (BIS) Basel Committee on Banking Supervision, which is working on revising the Basel Accords. Banks had to turn in their QIS 3 responses to their national regulators just before the December holiday period began.

In mid-January, BIS executives were in the throes of receiving the data from the QIS 3 from national regulators. The study asked banks to apply the proposed accords to their institutions and

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