Changes likely in the 1997 core banking standards. Review to be launched in September. Basel Committee exploring closer links with developing countries.

Supervisors are displaying heightened concern about future capital levels of sophisticated banks. Market discipline should be enhanced, says Harald Benink, in a guest column

The new capital accord\'s pillar 2 - supervisory review - is a complex, resource-intensive process. Few regulators have any experience of it. Yet how this process works is crucial, says guest columnist Simon Hills

Broad approval for the new capital adequacy accord has come from the Washington-based Institute of International Finance (IIF).

Does the new capital accord still oblige banks to provide the wrong information to the markets under the pillar 3 disclosure rules? Ray Soifer gives a personal view

One of the biggest challenges for supervisors is to develop more detailed guidance for the implementation of the pillar-2 supervisory review process under the three-pillar Basel II structure, a top Singapore regulator said in July.

The defintion of capital is one major element left out of the new regulatory regime. The Basel Committee is signalling its intention to tackle this omission By Melvyn Westlake

Basel II brings operational risk capital charges to banks for the first time. But problems still need ironing out. And home/host implementation issues remain fraught, says guest contributor and former regulator Victor Dowd

The European Private Equity and Venture Capital Association (EVCA) welcomed the significant reduction in the levels of capital European banks will have to hold for private equity and venture capital investments under the European version of Basel II compared with the Basel original.

Despite publication in late June of what has been described as the final version of the Basel II capital adequacy rules, securitisation industry representatives on both sides of the Atlantic continue to believe that further amendment is still possible.