Cross-border confusion

Risk staff
01 Jun 2007

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Barbara Frohn didn't mince her words in April when she had to give a speech on Basel II to representatives of the Brussels-based Commission of European Banking Supervisors (CEBS). The senior vice-president of credit ratings and portfolio management at ABN Amro in Amsterdam is taking a lead role in her bank's implementation of the new rules, but says a lack of clarity on how host regulators (the national regulators in other European countries in which the bank has a subsidiary) wish to assess

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