Ladies and Gentlemen, without any doubt: the implementation of Basel II is a significant challenge for both, banks and supervisory authorities. This holds especially true for countries where a high number of banks are planning to use their internal risk measurement methods for supervisory purposes as well. It was the intention of my speech to deliver three key messages: 1.
The main problem we observe with this process is the ambiguity and poor information flow on the measures by these enterprises to facilitate proper supervision and regulation, especially in the financial sector. •  Third, the implication of “Brexit” on trade and investment.