Resources for Basel II Capital Accord (Basel II)

More Regulation, Upping the Payments Ante and Revamping the Branch All Top 2008 Predictions from Deloitte

www.banktech.com

t's interesting to see the number of forecasts generated by the industry's various consulting/research firms in the waning months of a given year. In just two weeks, my email inbox was peppered with press releases illustrating where bank IT budget dollars would land and what hot trends to expect in 2008.

For instance, the latest addition to my "collection" comes courtesy of Deloitte. The firm generated a large, global, cross industry report called 2008 Industry Outlook: A Look Around the Corner which highlighted key issues in 20 major industry sectors, including banking. Key findings of the banking sector report include:

• The coming year could see the emergence of global regulations around liquidity that are similar to Basel II, with regulators expecting banks to have liquidity risk management plans in place.
• Emerging markets will likely increase their investments in U.S. financial institutions.
• The subprime mortgage crisis likely will prompt additional consumer protection laws around subprime lending and predatory lending practices.

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