Overview:
Overview From CP2 to CP3 via QIS3
main changes
QIS 3 results
overview
Basel timetable
EU timetable
Implementation
the US position
From CP2 to QIS 3:
From CP2 to QIS 3 complexity
operational risk floors
calibration
procyclicality
SME’s
Implementation:
Implementation FSA DP 13
Further consultation this summer
IRB
Writing rules as the Directive is negotiated
Won’t be easy for anybody
US testimonies:
US testimonies House Finance Committee
Need for cost benefit analysis
Practical Approach
Implications for Europe
End:
End