BIS top body poised to approve Basel III
The GHOS meets on December 7, and all signs indicate it will finally give Basel III the green light
The body that oversees the work of the Basel Committee on Banking Supervision looks set to give its final sign-off to the committee’s updated set of banking rules this week, almost a year behind schedule.
The Group of Governors and Heads of Supervision meets on December 7 in Frankfurt, with GHOS chair Mario Draghi and Basel Committee chair Stefan Ingves due to hold a press conference on reforms to the Basel III framework at 5pm local time.
In the clearest indication yet that agreement is
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