Regulator hits back at Basle II critics


LONDON -- Much of the complexity for which the Basle II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact -- namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to banks from regulators.

That was the view expressed in February by Andrew Crockett, general manager of the Bank for International Settlements (BIS), the Switzerland-based umbrella group for the world’s central banks.

The job of making Basle

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here