Basel II
From Open Risk Manual
Revision as of 19:08, 27 January 2020 by Wiki admin (talk | contribs)
Definition
The international banking regulatory framework introduced in 2005/2006 in replacement of the previous (Basel I) framework and subsequently, following the Lessons Learned from the Great Financial Crisis replaced by Basel III
Issues and Challenges
- Was not effective in preventing the worst financial crisis in recent times
