Moody's not keen on BIS proposal

The Bank for International Settlements (BIS) may change the way banks assess the riskiness of their loans and how much capital needs to be allocatedáagainst them. At the FinanceAsia Asian Debt Conference yesterday, Deborah Schuler of Moody's confirmed that the BIS was yet to make a decision on this point but was considering using credit ratings such as its own as the basis for the new system.