Commission welcomes Basel Committee’s review of the impact of new Capital Accord

19 December 2001

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The European Commission has welcomed the announcement by the Basel Committee on Banking Supervision of a revised process for finalising the new Capital Accord. This process will incorporate an additional review of the overall impact of the new Accord before publication of a third consultative document.
The consultative document will be published shortly after the Basel Committee’s third consultative document.
See Commission press release

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