Key Basel II package expected tomorrow

Regulators with the Basel Committee on Banking Supervision, the architect of Basel II and the body that in effect regulates international banking, expect to issue the documents early evening European time on October 1, regulatory sources said.

The committee will issue the third quantitative impact study on Basel II, known as QIS 3, to some 265 banks, large and small, in nearly 50 countries. The regulators will want replies in by December 20.

QIS 3 will be accompanied by a paper giving an overview

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