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Thorsten Frese, Product Director Risk and Lending at FERNBACH Financial Software S.A. presents in this article the current developments around the finalization of the Basel III requirements. These regulations are designed to create a more risk sensitive framework for banks. This framework captures the risks a bank is exposed to more comprehensively, and also strengthens the risk management, governance, and transparency. Furthermore the article tries to anticipate the impacts of the expected regulatory changes to the IT environments of financial institutions.
Changes in the Regulatory Capital Framework Roadmap to Basel III
The international capital framework is subject to a constant change. A set of enhancements were adopted to amend...
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