Risk Europe: Industry should stop fighting Basel III and focus on transition


Banks must focus on negotiating the transition period for the Basel II reforms rather than continuing to fight to scrap the measures, says José María Roldán, director general for banking regulation at the Bank of Spain and chair of the standards implementation group of the Basel Committee.

Speaking at the Risk Europe conference in Frankfurt this morning, Roldán said both the Basel Committee and the Financial Stability Board are currently considering an appropriate transition period for the new m

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