[The atmosphere at the JWG meetings is relaxed as participants come to grips with the details of the legislation. But it is examining and interpreting the details that can lead to frustration, Fuller says.] We won't have the finalized wording until March 2006, and so we won't know exactly what we have to do, ... What will happen next year if banks get together and tell the EC that they can't meet the deadline? I see quite a likelihood of that happening.  -   Bob Fuller     Quotes
[The atmosphere at the JWG meetings is relaxed as participants come to grips with the details of the legislation. But it is examining and interpreting the details that can lead to frustration, Fuller says.] We won't have the finalized wording until March 2006, and so we won't know exactly what we have to do, ... What will happen next year if banks get together and tell the EC that they can't meet the deadline? I see quite a likelihood of that happening. Bob Fuller