BIS Review 6/2006  1  corporate governance; alignment of regulatory and accounting requirements; outsourcing risks; and application of advanced technology. I propose to cover these aspects now. Basel II implementation 5. Basel II implementation is widely acknowledged as a significant challenge faced by both banks and the regulators internationally. It is true that Basel II implementation may be seen as a compliance challenge.
5  It’s remarkable that Sir Roland Wilson was, according to Coleman et al., the first university graduate appointed to an administrative position in the Commonwealth Public service, in 1932. 2  BIS central bankers’ speeches  What are some of the key features of this outlook?