Infrastructure Management White Papers
Basel II: Impact on IT Systems & Testing
Overview BASEL II (as it is known) is an update to the original Accord. It is designed to be more flexible and risk sensitive than its predecessor. It affects all banks and other financial institutions including Bankers, Custodians, Fund Managers, and Brokers to name but a few. The Accord provides a draft set of regulations that will alter significantly, from an internal audit perspective, the way that banks are capitalized. This white paper gives an overview of the impact of the BASEL II accord on IT systems for international and national banks and illustrates the approach that needs to be taken to ensure the systems are tested for compliance.
| Publisher | AppLabs | File Format | |
|---|---|---|---|
| Date Published | May 2007 | Downloads | 7 |
| Format | White Papers | ||
| Topics | |||
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