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.
Source: Operational Risk & Regulation | 08 Jul 2004
Categories: Basel Committee, Credit Risk
Topics: Deloitte, Jaime Caruana, Basel III, Advanced Internal Ratings-Based Approach (A-IRB), Advanced measurement approach (AMA), Basel Committee on Banking Supervision (BCBS), Basel II, Basic indicator approach (BIA), Double default risk, Exposure at default, Institute of International Finance (IIF), International Swaps and Derivatives Association (Isda), Loss given default (LGD), Probability of default (PD), Securitisation, The Standardised Approach (TSA)
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