New Basel II regulations will give lenders in the Gulf more armour  
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Resources for Basel II Capital Accord (Basel II)

New Basel II regulations will give lenders in the Gulf more armour

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As Gulf banks continue to push towards Basel II capital framework compliance, and many have met the conditions already, at least on the standardised approach, the credit crisis has raised questions on standards, regulations and supervision.

With the introduction of new banking rules under Basel II, rules and regulations have become more complex. Moreover, the credit crisis has highlighted deficiencies in a number of areas of the new standards and, inter alia, methodology.

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