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	FRB: Speech, Olson--Basel II--May 16, 2005
		Basel I presents an opportunity for banks to retain balance-sheet positions that are of higher risk than their regulatory capital charge and to shed those of lower risk.
		Basel II is intended to close this gap by more directly linking riskiness of assets to their corresponding regulatory capital charge and to reduce, if not eliminate, the incentives to engage in capital arbitrage.
		Basel II also creates a link between regulatory capital and risk management, especially under the advanced approaches, which are the only ones expected to be applied in the United States.
	www.federalreserve.gov /boarddocs/speeches/2005/20050516/default.htm (2926 words)

	Basel II (Site not responding. Last check: 2007-10-19)
		Basel II aims to match the level of capital to the amount of risk, while ensuring that all the components of the risk are provided against.
		It should also be borne in mind that banks that are using the standardised approach at the time of the Basel II implementation date of end 2006 will not be prevented from subsequently moving to the more advanced approaches as dictated by changes to their business and internal processes.
		Basel II identifies five features of a rigorous process: board and senior management oversight; ensuring the integrity of the capital assessment and management process; a comprehensive assessment of risks; monitoring and reporting; and internal control review.
	www.apra.gov.au /Speeches/03_15.cfm (2277 words)

	Approach to Basel II , Shyamala Gopinath, Deputy Governor, Reserve Bank of India : Banknet India
		Basel II aims to encourage the use of modern risk management techniques; and to encourage banks to ensure that their risk management capabilities are commensurate with the risks of their business.
		Basel II takes a more sophisticated approach to credit risk, in that it allows banks to make use of internal ratings based Approach - or 'IRB Approach' as they have become known - to calculate their capital requirement for credit risk.
		The underlying philosophy while prescribing the Basel II principles for the Indian banking sector was that this must not result in further segmentation of the sector.
	www.banknetindia.com /banking/gopinathbasel.htm (1499 words)

	Challenges and implications of Basel II, Dr. Y.V. Reddy, Governor, Reserve Bank of India : Banknet India
		Consistent with this approach, for Basel II also, currently all commercial banks in India are expected to start implementing Basel II with effect from March 31, 2007 — though a marginal stretching beyond this date should not be ruled out in view of the latest indications on the state of preparedness.
		On current indications, implementation of Basel II will require more capital for banks in India due to the fact that operational risk is not captured under Basel I, and the capital charge for market risk was not prescribed until recently.
		While the commercial banking sector is expected to migrate to the Basel II regimen soon, the other segments are not likely to be subjected to the same or similar discipline unless they are a part of a banking group, where Basel II regimen would apply indirectly through the parent bank.
	www.banknetindia.com /banking/reddybasel.htm (2101 words)

	NAR's Comments on the Basel II Accord
		The Basel II Accord consists of three pillars, the most important of which is Pillar I. This Pillar consists of minimum capital requirements, which are the rules that a bank uses to calculate its capital ratios.
		Basel II will give some degree of regulatory capital relief to a limited number of banks that qualify, in exchange for investing in systems and infrastructure intended to improve risk management.
		If Basel II is enacted as currently written, banks whose portfolio is now geared toward real estate lending will refocus their lending strategies away from real estate and towards those promising more attractive capital charges.
	www.realtor.org /NCommSrc.nsf/pages/CommentsOnBaselII (2124 words)

	Basel II
		Despite the hype, it's hard to avoid the conclusion that Basel II represents a major shift in banks' management of credit and operational risk, taking capital adequacy regulation light years from the first hesitant steps taken more than 15 years ago.
		The 1988 Basel Capital Accord was a bold attempt to create a global capital adequacy framework for banks which matched, however crudely, banks' capital requirements against their credit exposures.
		Although the deadlines for Basel II compliance continue to be pushed back, many banks are still struggling to stay on schedule.
	www.intellexis.com /basel_2.htm (618 words)

	PRESS RELEASE April 27, 2004: Basel II - a milestone in banking regulation
		The aim of Basel II is to increase the stability of the banking system, promote a level playing field in the banking sector, and improve transparency.
		Basel II is a milestone on the way toward internationally harmonized banking regulation and a more stable financial system.
		The complete study "Basel II - a milestone in banking regulation" in German (it will also be available in French and Italian as of the end of May).
	www.credit-suisse.com /news/en/media_release.jsp?ns=34524 (945 words)

	SFBC - Basel II
		Basel II The new Capital Accord, known as Basel II, which the Basel Committee on Banking Supervision approved at the end of June 2004, aims to strengthen the security and reliability of the financial system, promoting fairer competition and providing for more comprehensive measurement of risks.
		Basel II will be implemented punctually in Switzerland as well, not least on competition grounds.
		A national working group composed of all those directly affected by Basel II under the lead of the Swiss Federal Banking Commission is currently producing the texts of the new regulations.
	www.ebk.admin.ch /e/internat/basel.html (243 words)

	Basel II story November 3, 2003 - Commercial Real Estate Direct
		Yet, under the proposed Basel II, CMBS rated Ba2 by Moody's would require capital to be set aside to cover up to 7.4 percent of expected losses, while a comparably rated corporate bond would only require that 1.7 percent of expected losses were set aside.
		In addition, under the proposed Basel II, institutions would have to set aside different amounts of capital for CMBS depending on whether they retained bonds from a deal they originated or whether they acquired the bonds.
		The latest on Basel II is that its implementation won't begin until the middle of next year.
	www.rer.org /politicalaction/Basel_Nov6_CRE.cfm (623 words)

	Basel II Regulatory Reporting Solutions - STB Systems
		The new Basel II Accord is intended to build on the 1st Basel Accord that came into operation in 1988.
		Basel 1, whilst covering the main principles of risk, left certain areas uncovered and was generally a crude measure of risk.
		Although Basel II is intended to have a largely capital neutral effect overall, the intention is that capital charges will be more closely aligned with the internal group risk operations of a bank.
	www.stbsystems.com /basel-ii-stb-solutions.htm (701 words)

	FRB: Testimony, Bies--Basel II--September 26, 2006 (Site not responding. Last check: 2007-10-19)
		Basel II addresses this by including in Pillar 2 the requirement that the bank have a plan in place to ensure that sufficient capital will be available in the downturn of the economic cycle.
		Basel II represents the concerted efforts of the international and U.S. supervisory community, in consultation with banks and other stakeholders, to develop such a framework, drawing upon well-known economic capital concepts that the largest banks already employ as part of their risk management efforts.
		In sum, Basel II will establish a more coherent relationship between regulatory measures of capital adequacy and day-to-day supervision of banks, enabling examiners to better evaluate whether banks are holding prudent levels of capital given their risk profiles.
	www.federalreserve.gov /boarddocs/testimony/2006/20060926/default.htm (3445 words)

	swissinfo - Bankers on bumpy road to Basel II
		Sigrist said the third element of Basel II was crucial as it would encourage a system of peer pressure among banks.
		Basel II is being coordinated by the Basel-based Bank for International Settlements, also known as the "bankers' bank".
		Details of Basel II are due to be finalised by mid-year, giving banks until 2006 or early 2007 to comply.
	www.swissinfo.org /eng/top_news/detail/Bankers_on_bumpy_road_to_Basel_II.html?siteSect=106&sid=4743571&cKey=1077693959000 (873 words)

	Bundesbank - Banking Supervision - Basel II
		The Basel Committee will therefore seek to ensure that banks' own (internal) risk management systems are improved further and that they are reviewed by the appropriate supervisory agencies.
		A key issue in shaping Basel II is the implications of the new capital rules concerning the access to and terms of bank credit for small and medium-sized enterprises.
		To ensure that the new capital rules are of a high quality and also meet with wide acceptance, the Basel Committee decided in December 2001 to modify the originally envisaged timetable for finalising the new Accord.
	www.bundesbank.de /bankenaufsicht/bankenaufsicht_basel.en.php (963 words)

	Basel II Industry Information and Updates
		Basel II is an international initiative that requires financial services companies to have a more risk sensitive framework for the assessment of regulatory capital.
		The planned implementation date for Basel II is December 2006 with parallel running from January 2006.
		Basel II is based on the concept of 3 Pillars.
	www.basel-ii-risk.com /Basel-II (155 words)

	KRM - Basel II Solutions
		The Basel II guidelines promulgated by the Bank for International Settlements (BIS) establish capital adequacy requirements and supervisory standards for banks to be implemented by 2007.
		Basel II compliance is probably the single greatest challenge – and opportunity – for banks during the next few years.
		The challenge of Basel II comes from the significant changes to bank policies, procedures and methods it implies and from the need for technological solutions that do not exist or are inadequately developed in most banks today.
	www.kamakuraco.com /Basel2.htm (479 words)

	Enterprise - Access to Finance - Basel II
		The Basel Committee on Banking Supervision published a new framework agreement in 2004 that aims to make the international financial system safer by having the riskiness of banks'; loan portfolios to be reflected in the capital charges they need to set aside against unexpected losses.
		The Basel II framework is an important issue for SMEs and small banks to the extent that it affects bank behaviour and their willingness to lend to SMEs.
		The European Commission is responsible for the legislation that implements the Basel II legislation in Europe.
	ec.europa.eu /enterprise/entrepreneurship/financing/basel_2.htm (548 words)

	Experian \| Basel II overview
		Market disclosure is one of the three pillars of Basel II; therefore, analysts and capital markets will increasingly demand that banks improve risk management practices and provide information to investors and others related to the quality of the banks' assets.
		According to the results of the third quantitative impact study of Basel II, many banks could experience a reduction in their risk weighted assets, and the capital they must hold, by as much as 40%.
		Experian-Scorex's Basel II solution modules can be used singularly or custom-packaged to satisfy the needs of large and small banks.
	www.experian.com /products/basel_ii_capital_accord.html (632 words)

	Basel II - Wikipedia, the free encyclopedia
		The Basel II deliberations began in January 2001, driven largely by concern about the arbitrage issues that develop when regulatory capital requirements diverge from accurate economic capital calculations.
		Basel II has largely left unchanged the question of how to actually define bank capital, which diverges from accounting equity in important respects.
		Basel II uses a "three pillars" concept - (1) minimum capital requirements; (2) supervisory review; and (3) market discipline - to promote greater stability in the financial system.
	en.wikipedia.org /wiki/Basel_II (1282 words)

	Hyperion Solutions for Compliance, Basel II, Compliance - Hyperion
		This transformation has led to the development of the Basel II Accord, which creates more sophisticated requirements relative to capital adequacy and risk management.
		To be in compliance with Basel II, a banking institution must deliver appropriate reporting of operational risk exposures and loss data to its board of directors and senior management.
		Compliance with Basel II therefore requires analysis of enormous amounts of data, particularly in the case of banks with large networks of domestic and foreign branches.
	www.hyperion.com /solutions/project/compliance/basel2.cfm (297 words)

	Risk Management and the Basel II Game: Market Updates At Halftime
		Basel implementation projects have achieved considerable momentum, at least in Europe, and to varying degrees in North America and Asia.
		But financial institutions have now come to a more realistic view of what they are expecting from preliminary compliance efforts, realizing the immense undertaking ahead to make Basel II initiatives deliver value beyond mere compliance, and at the same time juggling multiple regulatory programs effectively.
		This report also explains Basel’s role in the overall evolution of risk management practices in the financial sector, describes challenges that firms are grappling with, and highlights trends and regulatory synergies that will characterize the end-game migration to the new Basel II regime.
	www.celent.com /PressReleases/20051115/BaselII.htm (459 words)

	swissinfo - Basel banking regulations.
		The code replaces a 1988 agreement, known as Basel I, which had the same aim of determining how much reserve capital banks should set aside to lessen their exposure to bad debt or investments that go wrong.
		Basel I was introduced in response to the global banking crisis which began in the 1980s and continued into the 1990s.
		Fears that Basel II could push up the cost of lending and make it harder for SMEs to obtain credit have been partially allayed by separate reports from Credit Suisse and the Swiss Federal Banking Commission that dismiss these scenarios.
	www.swissinfo.org /eng/business/detail/New_banking_rules_hold_no_fears.html?siteSect=161&sid=7404770 (523 words)

	Basel II Credit Risk Mitigation \| Chordiant
		The framework defined by the Basel II Accord consists of three pillars that together, seek to increase financial stability by better aligning a bank's regulatory capital to the actual risk, by supervising this process, and by rewarding banks that successfully implement it.
		The first pillar of the Basel II Accord, Minimum Capital Requirements, specifies how a bank's capital requirements can be better aligned to the actual risk.
		As more and more large US banks consider the implications of the Basel II Accord, they recognize the benefits that can be won with early compliance to these regulations.
	www.chordiant.com /solutions/basel2.html?src=google_basel (436 words)

	Basel II Compliance With Informatica
		The Basel II Accord was crafted in response to the estimated $12 billion lost in the financial markets since 1992—a figure attributed to poor risk management practices and fraud.
		While financial services companies will ultimately benefit from the implementation of the Basel II Accord’s risk management guidelines, the immediate task is a daunting one: to collect and analyze two or more years’ worth of business data before the Basel II Accord takes effect in 2007.
		Basel II compliance highlights the importance of understanding the complexities associated with integrating, processing, and presenting information needed to comply with new standards.
	www.informatica.com /solutions/industry/financial/baselii (395 words)

	Central Bank of Bahrain (Site not responding. Last check: 2007-10-19)
		First, the BMA has endorsed the implementation of Basel II and is now working closely with the industry to apply it to the whole of Bahrain's banking sector.
		Basel II is clearly a much more complex and sophisticated framework than the original Capital Accord, and its successful implementation will require not only a strong supervisory infrastructure to be in place, but ' for many banks - more sophisticated risk management and comprehensive data capture to be developed.
		As part of our Basel II preparations, we will be developing this system further to incorporate assessments of banks' capital assessment processes and to ensure more effective implementation across both on-site and off-site supervisory directorates.
	www.bma.gov.bh /cmsrule/index.jsp?action=article&ID=2252 (1083 words)

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