"Miscalibration" of Basel III is possible, an insider says:

07/14/2010 | Risk.net (subscription required)

Nico Meijer, chief risk officer at BMO Capital Markets, scrutinized a rushed timetable for the Basel Committee on Banking Supervision's proposed package of changes to capital and liquidity rules. "I would comment that this whole process has taken place within a highly compressed time frame," he said during an industry conference. "The process has become highly politicized, and there's a high risk of miscalibration."

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