From what I gather, your efforts are bearing fruits and we may expect a final text to be hopefully endorsed by the G10 Governors and the Heads of banking supervisory authorities in the forthcoming weeks. The Basel II reform is of key importance. New and bold developments in the banking industry are the ultimate reason for engaging in this reform.
corporate governance; data dissemination; fiscal transparency; insolvency and creditor rights; insurance supervision; monetary and financial policy transparency; payments systems; and securities regulation. BIS Review 37/2004  3  The ECB has expressed on various occasions its supportive stance to the new framework.