Basel II

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Basel II

An agreement on international banking regulations dealing with how banks handle risk. Basel II establishes risk management and risk capital requirements in an attempt to ensure banks remain solvent. Basel II consists of three pillars. The first deals with capital requirements and mandates that banks exposed to more risk (which is itself categorized and quantified) must maintain sufficient capital. The second pillar provides an outline that regulators can use to deal with non-quantifiable forms of risk. The third attempts to promote market discipline.

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The introduction of a series of new safety standards such as Basel II Capital Safety Standards in 2005, Basel III in 2010 with a more comprehensive orientation, focusing on risk management and focusing more on safety The system's macro has made countries' inspection and supervision agencies busy in researching and applying these standards, as well as raising previous safety regulations to ensure compliance.

Vietnam : The legal framework for implementing Basel II capital standards in Vietnam's banking industry

BANKING AND CREDIT NEWS-June 19, 2019--Viet Nam's Maritime Bank receives approval to implement Basel II standards

Viet Nam's Maritime Bank receives approval to implement Basel II standards

M2 EQUITYBITES-June 19, 2019--Viet Nam's Maritime Bank receives approval to implement Basel II standards

Viet Nam's Maritime Bank receives approval to implement Basel II standards

Global Banking News-June 19, 2019--Viet Nam's Maritime Bank receives approval to implement Basel II standards

Viet Nam's Maritime Bank receives approval to implement Basel II standards

According to Circular No 41/2016/TT-NHNN, banks must have a capital adequacy ratio of at least eight per cent from January 1, 2020, as stipulated under Basel II standards.

State Bank of Vietnam seeks to weaken national currency

Commenting on QCB's commitment in implementing the Basel Committee's latest guidance and updating instructions to develop the banking system, Sheikh Abdullah said QCB has been, and will continue to be committed to most Basel Committee issues, starting with the basic principles, effective Basel II and Basel II capital adequacy standards, which were recently updated by all Basel III standards from January 2014 to April 2018.

'Qatari banks committed to implementing Basel III standards'

Moreover, the design of the reduced sensitivities-based method (R-SbM) is significantly different from the design of the already widely-used Basel II standardised approach.

CIBAFI submitted comments to the Basel Committee on Banking Supervision (BCBS)

The Basel II (Basel I, Basel II and Basel III) agreements are merely prudential rules designed to guarantee a minimum level of equity in order to ensure the financial soundness of the banks.

Action plan to minimise risks of money laundering and terrorist financing set up (BCT)

Plans in place to move to Basel III, currently Basel II implemented.

Creating stability

The Basel II subordinated Lower Tier 2 and Basel III Tier 2 subordinated notes are rated one notch below the entities' 'aa-' VRs to reflect their subordinated status and the absence of any going-concern loss-absorption features.

Fitch Affirms Major Singapore Banks at 'AA-'; Outlook Stable

The objective of Basel III requirements is to ensure the stability and resilience of financial systems in response to the global financial crisis through addressing some of the limitations in Basel II.

Basel III Al Baraka complies with capital adequacy requirement

The Basel III capital adequacy standards include key amendments to the Basel II standards, primarily an increase in the total ratio of the regulatory capital and a redefinition of the regulatory capital as part of a package of criteria targeting quality improvement, he said in an exclusive interview to KUNA.