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Wednesday, July 1, 1992
Volume:
8
Issue:
7
Pg. 255
Abstract:
On July 8, the Bank of England recommended significant legislative changes in response to the Treasury Select Committee report on the collapse of the Band of Credit and Commerce International. The recommendations followed some of the same recommendations of the Basle Committee’s report two days earlier. The recommendations in the Bank of England report will be debated with the banking community and the accountancy profession before additional action is taken…[more]