Top Basel ERP Software
Welcome to Basel Compliance
Basel is a set of international banking regulations put forth by the Basel Committee on Bank Supervision, which set out the minimum capital requirements of financial institutions with the goal of minimizing credit risk. Banks that operate internationally are required to maintain a minimum amount (8%) of capital based on a percent of risk-weighted assets.
Is Your Institution Basel II Compliant for 2014?
Basel II sets up risk and capital management regulations to ensure that banks holds capital reserves appropriate to the risk the bank exposes itself to through lending and investment practices. Basel rules mean that the greater risk the bank is exposed to, the greater the capital needed to safeguard bank solvency and overall economic stability. Basel II is a 3-pillar concept with each pillar targeting different types of risk.
Pillar I: Minimum Capital Requirements
Pillar II: Supervisory Review Process
Pillar III: Market Discipline Requirements
The following financial institutions must comply with Basel II:
Management companies for UCITs
Looking for a Basel-compliant enterprise resource planning solution? These are the top software systems: