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KPMG

Building for Basel

The 2005 implementation date for the new Basel II Accord – already postponed by a year – is looming large. Whilst the banking sector is steadily gearing up for the proposed changes, there are fears that some institutions may be left behind.

Basel II delay to add to banks’ confusion

LONDON - Confusion about operational risk is likely to increase among several major banks as a result of the 12-month postponement of the Basel II banking accord, according to Andrew Grant, London-based head of risk practice at professional services firm…

UK lags Europe for Basel II implementation

BRUSSELS - The UK financial services sector lags most of Europe in its state of preparedness for the implementation of the proposed new Basel capital accord for internationally active banks, dubbed Basel II, according to research by professional services…

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