More specifically, we will assist the Central Bank of Egypt’s banking supervisors in developing a specific Egyptian guideline for the implementation of Basel II, as well as a new  BIS Review 149/2008  1  regulation that will apply to banks in the country and a new reporting scheme for banks in order to provide the Central Bank of Egypt’s banking supervisors with the information they need to carry out their job.
*  *  *  As you know, I have been asked by the Minister for Finance to prepare one of the two reports proposed by the Government as the first stage of an investigation into the banking system.