Basel II Pillar II Survey
Posted: 16 April 2008 | Source: SunGard
During the third quarter of 2006, SunGard commissioned a survey to determine global banks’ readiness to comply with Basel II Pillar II requirements. By considering the survey results, institutions will be able to compare their Pillar II aims and progress with their peers as well as better assess whether their existing or planned risk-and-capital management systems will be sufficient to meet the requirements of Pillar II compliance.
The survey was completed by 61 respondents from 55 institutions which were geographically spread across Europe, Middle East and Africa ‘EMEA’ (46%), Americas (29%) and Asia Pacific and Japan ‘APJ’ (25%). Participating institutions represented a broad cross-section of the global banking community, including global banking players, second-tier banks in developed banking markets, and many leading banks in developing banking markets such as South Africa, Mexico and Thailand.