Nout Wellink, chairman of the Basel Committee on Banking Supervision, said he is confident that policymakers from the Group of 20 nations will come to agreement on details of proposed banking requirements at their November summit in South Korea. Wellink said questions remain on only a few issues. "I am confident that at the Seoul meeting we can solve" them, Wellink said. He also said banking supervisors are moving toward agreement on additional rules for systemically important banks.
Published in Brief: