Resources for Basel II Capital Accord (Basel II)

Basel II – Progress, Questions and Evolution

www.chasecooper.com

Whilst Basel II continues to make progress during the crisis, questions are being asked about parts of it, and it is clear that the Accord will evolve as a result of the forthcoming expected international government and regulator meetings. The CBRC said that 2008 and 2009 would be the preparation period for Basel II implementation and they would start processing commercial bank’s implementation applications from the year 2010. Banks were now asked to start organising training for staff at all levels.

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