It is also possible that the multilateral development agencies are yet to get fully equipped to assist in Basel II implementation. Ideally each country may devise a road map to be implemented flexibly taking account of the country context. In Telugu, the official language of the State of Andhra Pradesh, we say ‘samayam, sanderbham mukhyam’.
It means timing and context are vital for anything and, in my submission, it also includes Basel II in Asia. Thank you. 4  BIS Review 37/2006