Pillar II paper delayed


Enria was speaking at the Global Risk Management Summit in Monte Carlo in late April. "We are actively working on this," he said. "But I think it will come out a little bit later than previously expected."

He added: "We will probably have to wait until June because we still have some work on-going."

Part of the delay has been due to a new round of work on how regulators should assess banks’ internal governance of risk management processes, said Enria. He also said regulators wanted to flesh out

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