The full disclosure planned by these Global 2000 members is meant to allay these fears. Although the financial community has generally been aware of problems associated with the date change - and in most cases, better funded than other sectors...
Just 63 per cent of UK banks have begun work on essential data mining projects required under the Basel Accord, compared with up to 100 per cent of respondents in several European countries, according to a report from KPMG.
The impending Basel II accord demands that financial institutions place a portion of their capital aside to cover operational risk. Historically, it has been the small banks and financial institutions which have provided the major source of...
Fraud and money laundering regulations and the Basel II accord will drive $4.8bn of investment in new technology by European banks by 2006, according to new research. A big chunk of IT investment will go on the Basel capital accord, known as Basel...
Laurence Trigwell, industry director, financial services EMEA at Cognos, who commissioned the survey, said in a statement: "Although it seems that the Accord seems some way off, time is running out for banks to comply with Basel II so the level of...
Businesses often fail to realise that security breaches to their Web sites, disclosure of sensitive customer information or identity theft can result in secondary costs such as spikes in customer support calls and additional marketing costs to...
Did you find this white paper useful? 
White Paper RSS
Download
Register
