Basel II is about further improving risk management. Although Sarbanes-Oxley (SOX) legislation in the United States in not directly related to Basel II, its aim is similar from the overall standpoint ...

Many major financial institutions are working to meet New Basel Capital Accord (Basel II) guidelines, tentatively, by 2007. Given the effort's complexity, urgency, and ongoing nature, it creates a ...

BearingPoint, one of the world's largest business consulting and systems integration firms, has issued a white paper, "Seven Pitfalls In Basel II Operational Risk Implementation," detailing the steps ...

Ten domestic commercial banks have been piloting Basel II, a set of banking regulations put forth by the Basel Committee on Banking Supervision, since late last year, as part of measures required by ...

The central bank's recognition of SeABank as having achieved Basel II norms reflects its capacity to manage credit, market, operational, and other risks. The State Bank of Vietnam (SBV) conferred the ...

International efforts are underway to improve the regulation and supervision of banking institutions to reflect advances in financial risk management techniques. In April 2003, the Basel Committee on ...

Basel II, the new capital standard, is expected to be released by June 2004, for implementation starting in January 2007 in G-10 countries. The drafting and public consultation process has been ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Basel II creates perverse incentives to underestimate credit risk. Says Harald Benink and George Kaufman, ...

Nigeria doesn’t accept all requirements of the Basel II and Basel III accords for banking regulation, Central Bank of Nigeria Governor Lamido Sanusi said. While “they both have strong points” for ...