QIS3 survey delay puts back Basle II accord to 2006

Regulator determination to get a key survey of banks right was a major factor in the decision to postpone again the coming-into-effect of the complex Basle II banking accord until late 2006 from an undetermined date in 2005, banking regulators said in March.

This is likely to mean in practice that the accord would come into force at the start of the new financial year on January 1, 2007, some bankers said.

The Basle Committee on Banking Supervision, the architect of Basle II and the body that in effect regulates international banking, hopes to issue its third Basle II quantitative impact study - or QIS3 - on October 1 this year, some five months later than originally planned.

QIS3 is intended to help assess the impact of the risk-based Basle II

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net 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