QIS 6 ends; Basel III on track

BASEL – A package of reforms to the Basel II capital framework will be calibrated by year-end, says the secretary-general of the Basel Committee on Banking Supervision.

Speaking before the European Parliament’s committee on economic and monetary affairs, Stefan Walter said the Committee would stick to the schedule agreed with the G-20 leaders last year, which would see the punitive changes to capital, liquidity and leverage rules calibrated this year and implemented by the end of 2012.


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