With the publication of the Basel II framework, The Banker asks Vijay Sharma, head of i-flex consulting, what banks should now be doing to prepare for the framework becoming statute.
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What drives change?
September 2, 2004As businesses have become increasingly globalised and more complex, moving into new territory, regulators have been obliged to adapt compliance rules in a bid to make financial information more consistent. Subrata Majmudar examines the challenges.