All in Accord

Basel II

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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