Key Supervisory and Regulatory Initiatives RISK-BASED REGULATORY REGIME Discussing Basel II & Beyond Risk experts around the world gathered in Singapore for a Risk Conference from 12 to 13 July 2004. The theme of the conference was Basel II & Beyond. It focused on implications and challenges of the Basel II Framework in the areas of credit and operational risk management. The Risk Conference provided a platform for international risk practitioners, regulators and industry experts to discuss the evolving issues of the new Framework as well as share their perspectives and experiences.