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Banks form new firm for Basel II data needs

In a bid to get ready for post- Basel II challenges, Indian banks are forming a new corporation to meet data requirements and curb losses due to absence of requisite information.

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Basel II and the Capital Requirements Directive

Internationally, rules are set by the , part of the Bank for International Settlements (BIS). On this committee sit representatives from Belgium, France, Germany, Italy, Luxembourg, Netherlands, Spain, Sweden, Switzerland, UK, Canada, Japan and US. The first set of international rules was known as Basel I.

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Liquidity Risk Management for Basel II

Location: Johannesburg, South Africa. Date:2008-10-16 00:00:00. The course is designed to combine theory and global best practice. The course will explore its issues and its challenges for both bankers and regulators. Course knowledge will be reinforced through a workshop and a course review. Basic knowledge in risk management, control and statistics is required. Active participation of the class...

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Basel Also Keeping an Eye On Hedge Fund Leverage

Christopher Holt submits: The Bank for International Settlements in Basel, Switzerland was probably abuzz last week watching history unfold before its eyes. After all, one of the lynch pins of the organization’s Basel II Accord was the requirement for banks to mark-to-market all assets - including less liquid ones. And it appears that doing so in a leveraged environment has put several...

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Reading in Basel

Remember that little progressive Jewish congregation I stumbled upon last year and ended up running? Well, the book club there,...

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Operational Risk & Basel II - Solvency II

Location: Johannesburg, South Africa. Date:2008-10-13 00:00:00. The significant development of Basel II and Solvency II has meant financial institutions and insurance companies must measure and manage operational risk in new ways. This course is intended to provide you with a firm foundation of the state of Operational Risk and provide you with tools and techniques to grapple with the... View...

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Validation, Testing and Database Construction for Basel II - Credit Risk

Location: Budapest, Hungary. Date:2008-10-13 00:00:00. The purpose of this course is to provide you with an understanding of the key issues involved with actually testing and calibrating credit risk models within Basel-II guidelines. Emphasis is placed on understanding the relationship between database design and data quality in relation to model development (in-sample validation) and model...

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Basel art exhibition puts spotlight on Venice - Feature

Reuters Basel, Switzerland - Ah, Venice! La Serenissima (the Divine Republic). Queen of the Adriatic. A city between the sky and the sea. Hardly a city has fascinated writers and artists more than Venice, the… Read the full article here

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Relax Basel II's Bank Capital Adequacy Requirements

Jan VanDenBerg submits: Like an old drunk denied his whiskey, the global economy denied easy credit will soon be suffering, shaking and crying for a hair of the dog. Better give it a little. Withdrawal too sudden can kill. Complete Story »

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Basel art exhibition puts spotlight on Venice - Feature

Basel, Switzerland - Ah, Venice! La Serenissima (the Divine Republic). Queen of the Adriatic. A city between the sky and the sea. Hardly a city has fascinated writers and artists more than Venice, the favourite of painters as early as the 18th centur...

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A monetary malaise

Central bankers helped cause today’s mess. Will they be able to clean it up? FOUNDED in 1930, the Bank for International Settlements (BIS) is the oldest and chummiest of the international financial institutions. Based in Basel (with its famously good food), the central bankers’ club is the nerve centre for international co-operation on monetary technicalities. How ironic, then, that the BIS’s...

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Salmon returns to Switzerland after 50 years

BASEL, Switzerland -- A salmon has been caught in Switzerland for the first time in 50 years after a swim of perhaps 600 miles (1,000 kilometers), raising hopes the fish may soon find its way back to the landlocked country in greater numbers, officials said Wednesday.

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Christopher Story FRSA: Michael C. Cottrell's U.S. Financial Reform Proposals More Relevant Than Ever Given Basel-II Compliance Requirements

Thursday 18 September 2008 02:00 U.S. FINANCIAL MARKET REVAMP LAST MARCH IS A FALSE PROSPECTUS BY TREASURY ALTERNATIVE PLAN PRESENTED HEREWITH IS SIMPLER, TIMELY, CHEAPER AND EFFECTIVE PRESIDENT'S WORKING GROUP 'REFORM PLAN' EXPOSED AS A SELF-SERVING RUSE BETTER PLAN BY...

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Risk Management Priorities for Asia Pacific Financial Institutions: Basel II and Beyond

This is a challenging but exciting period for Asia Pacific financial institutions. The prospects are excellent for those that make the right decisions relating to business development and risk management. Equally, however, in an increasingly competitive and internationalised operating environment, those that are less successful in their decision-making will struggle to make the most of the great opportunities...

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Basilea Pharmaceutica AG: Basilea's Toctino(R) (alitretinoin) receives marketing authorization in Germany

BASEL, SWITZERLAND (MARKET WIRE)