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Payments Wholesale banking Regulation & Compliance Sibos
Data quality key to Basel benefits

Data quality key to Basel benefits

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Data from the Basel Committee on Banking Supervision outlining the results of the third quantitative impact study (QIS) into the effects of Basel II on capital levels in the banking system.

The study shows that banks adopting the most advanced of the new regulatory standards would need less capital than under present rules to cover their risks.
However, the regulators criticise poor record-keeping and data quality supplied by banks, indicating that many will be limited in their ability to take advantage of the more sophisticated risk-measuring approaches available under Basel II.

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Payments Wholesale banking Regulation & Compliance Sibos

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