Physical control and Pillar 2: Difference between pages

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imported>Doug Williamson
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A physical control is an example of an internal control.<br />
''Banking - regulation.''
Physical controls are mechanisms for protecting documents and technology from unauthorised physical access.<br />


For example, keeping payment media in a locked separate location.<br />
Pillar 2 is the aspect of banking supervision which addresses firm-wide governance and risk management, among other matters.


Additional capital requirements may be imposed by bank supervisors under Pillar 2, depending on their evaluation of banks' internal assessments of their risks and capital requirements.




== See also ==
== See also ==
*[[Access control]]
* [[Bank supervision]]
*[[Internal control]]
* [[Basel III]]
*[[Personnel control]]
* [[Capital adequacy]]
 
* [[Pillar 1]]
[[Category:Manage_risks]]
* [[Pillar 3]]

Revision as of 12:33, 1 August 2016

Banking - regulation.

Pillar 2 is the aspect of banking supervision which addresses firm-wide governance and risk management, among other matters.

Additional capital requirements may be imposed by bank supervisors under Pillar 2, depending on their evaluation of banks' internal assessments of their risks and capital requirements.


See also