From Basel II to Basel III

In June 2004, the revised framework, International Convergence of Capital Measurement and Capital Standards (Basel II), was ratified. In contrast to demand from the industry, a bank’s use of credit portfolio models was not admitted under Pillar 1. Nevertheless, under the internal capital adequacy assessment process of Pillar 2, portfolio models are permitted and implicitly required for sophisticated banks.1

While many participants in the banking industry were disappointed with this result, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: