Benefits of Basel II

Regulation

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The Basel II capital Accord has plenty of detractors - many of them in jurisdictions where the rules have yet to be introduced. There are also concerns about Basel II in countries where the new Accord is implemented. And some of this criticism comes from risk managers at financial institutions that are live with the advanced internal ratings-based (IRB) approach to credit risk management and the advanced measurement approach to operational risk. But the censure is more muted.

Risk management

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