All in Accord

Basel II

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South Africa’s top banks have always tried to keep up with international best practice, sothey are moving ahead rapidly with preparations for Basel II, which they believewill become a benchmark internationally for risk management. But while they facesimilar challenges to banks elsewhere in preparing their processes and systemsfor the new capital Accord, they must also deal with a number of local issues,in terms of data, national interpretation of the regulations and the implicationsof operating...

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