UAE said in progress of applying Basle2 reforms Posted on April 8th
“The board of directors of the UAE’s Central Bank is expected to approve a decree on the final guidelines for Basel II Accord compliance during its meeting in a few weeks’ time, according to banking sources. The final guidelines will set the framework for all banks in the country regarding the implementation of Basel II standards for risk management, including credit, operation and capital market risks, and disclosure procedures. The Central Bank had issued several draft guidelines for banks in the country to assess their readiness for the new standards. It also organised a wide range of meetings and seminars with bank officials to discuss the challenges and advantages of introducing the Basel II Accord. By the beginning of 2008, banks are expected to be compliant with at ...” Tagged as Uncategorized | No Comments » | Continue
Basel II heralds huge banking reforms
“by the beginning of 2007, but by mid-2008 or 2009. Bahrain is the regions banking hub, and the BMA is ...” Continue
April 8th / 0 comments
Salameh: Lebanon ‘committed’ to implementing Basel II related news:
“Salameh: Lebanon 'committed' to implementing Basel II related news: The US resistance to Basel II — IT-Director.com: Impartial IT News Analysis Berri ...” Continue
April 8th / 0 comments
Financial Stability Forum meets in Rome
“The Financial Stability Forum (FSF) met in Rome on 28-29 March. Members discussed the current challenges in financial markets, the ...” Continue
April 8th / 0 comments
Joint Forum release of “Credit risk transfer” paper
“The Joint Forum today released for consultation a paper entitled Credit Risk Transfer - Developments from 2005 to 2007. The ...” Continue
April 8th / 0 comments
