Basel II: Difference between revisions
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The Basel Committee issued a compilation of Basel II and related guidance 2006. | The Basel Committee issued a compilation of Basel II and related guidance 2006. | ||
Basel II was implemented across the European Union (EU) in 2008. | |||
The changes introduced by Basel II included: | |||
*Refinements to the measurement of credit risk; | |||
*Quantifying the measurement of operational risk; | |||
*Permitting the use of banks' internal risk models, subject to regulatory approval; and | |||
*The concept of the Three Pillars of Capital. | |||
(Basel II is occasionally written as ''Basel 2''.) | (Basel II is occasionally written as ''Basel 2''.) | ||
Now superseded and updated by later Basel agreements, see links below. | |||
== See also == | == See also == | ||
* [[Basel 2.5]] | |||
* [[Basel III]] | * [[Basel III]] | ||
* [[Basel | * [[Basel IV]] | ||
* [[Capital adequacy]] | * [[Capital adequacy]] | ||
* [[Capital Requirements Directive]] | * [[Capital Requirements Directive]] | ||
* [[Credit risk]] | |||
* [[Operational risk]] | |||
* [[Solvency II]] | * [[Solvency II]] | ||
* [[Three Pillars of Capital]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Latest revision as of 09:36, 16 November 2023
A second agreement developed by the Basel Committee on Banking Supervision in 2004 to promote international standards for measuring and ensuring the adequacy of a bank's capital.
The Basel Committee issued a compilation of Basel II and related guidance 2006.
Basel II was implemented across the European Union (EU) in 2008.
The changes introduced by Basel II included:
- Refinements to the measurement of credit risk;
- Quantifying the measurement of operational risk;
- Permitting the use of banks' internal risk models, subject to regulatory approval; and
- The concept of the Three Pillars of Capital.
(Basel II is occasionally written as Basel 2.)
Now superseded and updated by later Basel agreements, see links below.
