Risk managers not convinced Basel III will help manage risk

Not all risk managers believe the new Basel III regulations will help them manage risk more effectively, according to a survey conducted by Fitch solutions in London. The survey finds 43% of risk managers surveyed are unsure how helpful the changes will be, and 25% firmly believe the regulations will do nothing to improve risk management effectiveness.

Asked whether these results could demonstrate a lack of preparation for Basel III regulations, Thomas Aubrey, managing director of Fitch