Isda sees Basel II cross-border operation as major concern


LONDON -- The biggest concern arising from the complex Basel II bank capital accord is about how it will operate for banks across national borders, Tanya Castell, London-based head of investment bank UBS Warburg's risk policy group, said in September.

There needs to be consistency in the way the risk-based accord applies so that all banks will be on a level playing field, Castell told a conference updating members of the International Swaps and Derivatives Association (Isda) on the organisation's

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