Many major financial institutions are working to meet New Basel Capital Accord (Basel II) guidelines, tentatively, by 2007. Given the effort's complexity, urgency, and ongoing nature, it creates a ...

Basel II is about further improving risk management. Although Sarbanes-Oxley (SOX) legislation in the United States in not directly related to Basel II, its aim is similar from the overall standpoint ...

The International Exchange Bank (iBank) of the Phillipines has become the latest Asian scalp for SunGard Asia Pacific, with the commercial bank signing up for its BancWare Basel II Capital Manager ...

Basel II is a set of international banking regulations first released in 2004 by the Basel Committee on Banking Supervision. It expanded the rules for minimum capital requirements established under ...

For the last eight years the Basel Committee on Banking Supervision (Basel Committee) has struggled to replace the original Accord on Capital Adequacy (Basel I) with a new Accord (Basel II). At the ...

Capital adequacy requirements are the rules that help bank supervisors determine whether banks hold sufficient capital at all times to meet unexpected losses. The New Capital Adequacy Framework ...

Nigeria doesn’t accept all requirements of the Basel II and Basel III accords for banking regulation, Central Bank of Nigeria Governor Lamido Sanusi said. While “they both have strong points” for ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Basel II creates perverse incentives to underestimate credit risk. Says Harald Benink and George Kaufman, ...

As the debt crisis in Europe continues to wreak havoc on the global economy, the world's biggest banks have been in ardent preparation for the latest round of Basel rules. These new rules which are ...

Capital matters to most corporations in free markets, but there are differences. Companies in non-financial industries need equity capital mainly to support funding to buy property and to build or ...

The central bank's recognition of SeABank as having achieved Basel II norms reflects its capacity to manage credit, market, operational, and other risks. The State Bank of Vietnam (SBV) conferred the ...