Ready for Basel II : How ready are the banks?  
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White Papers for Basel II Capital Accord (Basel II)

Ready for Basel II : How ready are the banks?

KPMG

The Basel II Capital Accord can be expected to create a variety of regulatory compliance challenges for banks in Europe and around the globe. The new accord could trigger a wide range of business implications and management challenges for banks, their non-bank competitors, customers, rating agencies, regulators and ultimately, the global capital.

The complexity of the New Accord as well as its interdependencies with International Financial Reporting Standards(IFRS) and local regulation worldwide, makes implementation of Basel II a highly complex project. As a response to that fact, one of the services KPMG member firms offer is designed to help leverage potential synergies in IFRS and Basel projects

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