The new opportunities arising in financial supply chain management are relatively unexplored by our banks. I am confident that the representatives of our commercial banks here today will benefit a lot from the expertise and experience of the other bankers who have started providing financial supply chain solutions.
The details of Basel II were described by my colleague, Roger Ferguson, Vice Chairman of the Federal Reserve Board, in a presentation to a congressional committee in February. I have some copies with me today and can make others available.