2/6/2012

Risk recently published a report showing that the consistency of Basel III rules for the financial-services sector is a concern of chief risk officers at the world's biggest banks. CROs are worried that the rules won't be applied evenly. "There's an increasing demand from analysts and investors to understand what we would look like under Basel III," one CRO said. "So it's not much use us saying, 'Look, it's not going to be implemented for a few years, don't worry about it.' We're pretty much under pressure to publish how we look on a Basel III basis."

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