The International Monetary Fund (IMF) published a working paper dealing with a number of emerging issues in banking regulation. The paper discusses the hurdles that will have to be negotiated for putting in place the three pillars-capital adequacy rules, supervision, and market discipline-of the bank regulatory framework envisioned by the New Basel Accord (Basel II).
Organization working to foster global monetary co-operation, secure financial stability, facilitate international trade and promote sustainable economic growth
www.imf.org ',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">IMF 4pillar basel2.pdf' target='_blank'>
IMF paper
© International Monetary Fund
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