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National Discretions for the Standardised Approaches to Credit and Operational Risk under the Basel II Capital Framework 15 May 2006

The Commission is pleased to publish its consultation paper on National Discretions for the Standardised Approach to Credit and Operational Risk under the Basel II Capital Framework. This consultation paper has been prepared and issued jointly with the Guernsey Financial Services Commission and the Jersey Financial Services Commission. Responses are requested by 16th June 2006. The paper has been sent to all incorporated banks with full banking licences, and the Association of Licensed Banks

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