Second, the Basel II reform has several objectives: U.S. supervisors are trying to improve risk measurement and management both domestically and internationally; to link to the extent that we can the amount of required capital to the amount of risk taken; to further focus the supervisor-bank dialogue on the measurement and management of risk and the risk-capital nexus; and to make all of this transparent to the counterparties that ultimately fund - and hence share - these risk positions.
The setting of monetary targets and actual achievements during the monetary targeting period is presented below in Table 2. 12  Mohanty and Mitra (1999), “Experience with Monetary Targeting in India”, Economic and Political Weekly, January 16–23, pp 123–132. BIS Review 24/2010  7  Experience with multiple indicators approach 21.