Sweden's Persson on Basel II and SMEs

On Thursday 23 September, Sveriges RiksbankDeputy Governor Kristina Persson gave a speech titled "Banking and regional development" at a research conference in Stockholm, organised by the Goran Collert Foundation. The subjects discussed included Basel II and its effects on small companies.

"A number of countries, including Sweden, are preparing for the new regulations for banks and other financial institutions - Basel II - which are expected to come into force in 2007. Some ten countries' central

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