Basel II Alert - Highlight of Critical Changes
It has been more than six years in the making, but the final
text of the Basel II framework has arrived. The Basel Committee on Banking Supervision
published the text at the end of June to a mix response from the financial services
industry. Although the "final" document incorporates many changes and compromises,
it is hardly set in stone. Indeed, regulators say that more changes are to come
in specific credit and operational risk areas.
Basel II Alert attempts to cover some of the most important
changes that are contained in the final Basel II document, as well as outlining
upcoming implementation plans in the US and Europe. The newsletter includes
articles on credit risk, operational risk, credit risk modelling, Pillar II,
Pillar III, securitisation and the "double default" issue.
Ellen Leander - Editor
PS Click here
to sign up for your free trial of BaselAlert.com and access the latest commentary
on the final Basel II framework.
Here's the crunch. As the scale and pace of the challenges
in the financial services industry increase, so does the likelihood of
failure, and also the rewards of success. Does your organisation have
the management bandwidth to cope with cumulative change on this scale?
Financial Services team, comprising over 1,500 professionals in the UK
and 20,000 professionals in 140 countries worldwide, offers clients industry
knowledge as well as a deep and broadly based range of professional services.
We can help
you solve today's financial services problems, implement change and plan
for the future to capture the opportunities using our assurance, tax,
consulting and corporate finance skills. Our passion about our client
service is illustrated in the feedback we receive from clients as well
as in our rate of growth - a rate that puts our competitors in the shade.
our hands-on approach, means that our clients receive creative, pragmatic
advice that hits the mark.
To download this report click on the PDF image below: