Basel II is an international business standard that requires financial institutions to maintain enough cash reserves to cover risks incurred by operations. The Basel accords are a series of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision (BSBS). The name for the accords is derived from Basel, Switzerland, where the committee that maintains the accords meets.
Basel II improved on Basel I, first enacted in the 1980s, by offering more complex models for calculating regulatory capital. Essentially, the accord mandates that banks holding riskier assets should be required to have more capital on hand than those maintaining safer portfolios. Basel II also requires companies to publish both the details of risky investments and risk management practices. The full title of the accord is Basel II: The International Convergence of Capital Measurement and Capital Standards – A Revised Framework. Learn Basel II Theories, approaches & execution of basic calculations.
ACC is pleased to announce a collaborative partnership with PECB, to bring PECB training courses in the United Arab Emirates. This partnership will enable both companies to strengthen their presence in the market by providing better access
ACC Executive Team
Hossam M. Abd El-Rahman
Hassan Nasser MBA, CAMS, CCO
Mohamed Azeem Memon CAMS, CFE