Banks have to gather data relating to the rated exposures  1  The Basel Committee on Banking Supervision is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1975.
As previously stated, the shorter settlement cycle will reduce systemic risk and release funds earlier into the market, thereby increasing liquidity for local and international investors which will translate to growth in our capital markets and also enhance public confidence. With these words, I would like to thank you all very much. BIS central bankers’ speeches  3