Liberal opinion holds that the international monetary and financial system is a device for promoting…
Adoption of Basel 2: The 2006 Survey of the Financial Stability Institute Andrew Cornford
The Financial Stability Institute at the BIS has recently published the results of its second survey of the plans for the implementation of Basel 2 by countries across the world. A region-wise review of these results, in the light of a similar survey carried out in 2004, finds that the sheer scale of the global count-down towards Basel 2 is revealing.
Adoption_Basel_2 (Download the full text in PDF format)