Editorial: Basel Committee's proposals are good but not enough

12/21/2009 | Financial Times (tiered subscription model)

The Basel Committee on Banking Supervision recently published proposals aimed at ensuring that the global banking system does not fall prey to issues that resulted in the financial crisis. The panel's proposals are good and should be adopted, according to this Financial Times editorial, but "they will not on their own suffice to address the full scope of the problem".

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