Modern Risk Management Methods Hailed As Way To Overhaul CAD

REGULATORS

The Institute of International Finance (IIF), a Washington-based association with 282 members world-wide, is pressing the Basle Committee and other international regulatory organizations to overhaul aging capital adequacy regulations by introducing modern financial risk management techniques.

"Everything in life needs to be updated and we think we are reaching this point with capital adequacy," says Barbara Matthews, banking advisory and regulatory counsel at the IIF. The group is preparing a

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