Fed's Ferguson on regulatory capital

In a speech on 'The Proposed U.S. Approach to Regulatory Capital: An Update' given on 13 November, Roger Ferguson of the Federal Reserve said he considers the recent decisions reached by the Basel Committee to be a very good example of how supportable and valid arguments for alterations in the accord proposals are taken seriously. He said a number of cross-border issues relating to Basel II implementation pose challenges, which may take some time to resolve, meaning that supervisors across

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