BIS Calls For Innovations In Credit Risk Management


BASLE--The Basle Committee on Banking Supervision of the Bank for International Settlements (BIS) has released its eagerly anticipated report analyzing banks' interaction with highly leveraged institutions (HLI). The report emphasizes the urgent need for enhancing risk management practices related to these institutions and includes a sound practice guidance to encourage and ensure improvements. These sentiments were most recently echoed by the Federal Reserve Bank of New York in a supervisory

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