Press release article from our research archive:

The FSA welcomes Basel Capital Accord paper.

M2 PRESSWIRE-17 January 2001-UK Government: The FSA welcomes Basel Capital Accord paper (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:16012001

The Financial Services Authority today welcomed the publication of the second consultative paper for revising and updating the Basel Capital Accord framework. FSA and Bank of England representatives on the Basel Committee and its working groups have played a major role in the preparation of the new Accord.

Howard Davies, chairman of the FSA, said: "The proposed new framework goes far towards delivering the key objectives of a safer and more efficient financial system, by aligning regulatory rules with good practice in ...

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