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.

To download the full Basel II Alert report click here.

BaselAlert.com

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