Monetary Authority of Singapore to introduce Basel II rules from January 2008  
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Monetary Authority of Singapore to introduce Basel II rules from January 2008

www.forbes.com

The Monetary Authority of Singapore (MAS) said Friday that Basel II rules for banks to link capital requirements more closely with the risks they face will be implemented in the city-state from January 1, 2008.

Basel II is a global framework aimed at ensuring banks' capital adequacy in order to improve risk management and stability of the banking system.

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