We expect that the timeframe to adopt revisions to current rules will overlap with the Basel II proposals, so that the industry can review them side-by-side. Progress on home-host issues With such a large group of international bankers in attendance, I would be remiss in not offering a few thoughts on home-host issues relating to Basel II implementation.
Understandably, internationally active banks are keenly interested in cooperative arrangements among supervisors for evaluating capital adequacy under Basel II. Several years ago, the Accord Implementation Group (AIG) was formed as a subcommittee of the Basel Committee for supervisors to discuss the tactical issues associated with cross-border supervision.