FX Week

CAD and Risk Management Debated At Dow Jones Telerate FX Conference


A European Commission official says the European Union's Capital Adequacy Directive's market risk provisions are likely to be changed soon to follow rules expected from the G-10 central banks' Basle Committee at the Bank for International Settlements. Jean-Pierre Fèvre, director of the financial institutions division of the EC's directorate of the internal market and financial services, made the statement at last week's Dow Jones Telerate conference in London on foreign exchange, which focus