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Basel II

ALSO CALLED: Basel Committee on Banking Supervision, New Basel Capital Accord, Basel Capital Accord, and Basel 2
DEFINITION: Basel II is an international business standard that requires financial institutions to maintain enough cash reserves to cover risks incurred by operations. The Basel accords are a series of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision (BSBS). The  … 
Definition continues below.


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Oracle Database 11g Release 1 Transparent Solutions for Security and Compliance
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WHITE PAPER: Oracle Database 11g Release 1 provides the industry's most advanced data security capabilities with security solutions that work transparently with existing applications while addressing mandatory requirements found in regulations.
Posted: 15 Jul 2008 | Published: 01 Jun 2007
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Achieving Compliance with Configuration and Change Management
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WHITE PAPER: Managing change within your company's network is an important part of achieving and maintaining compliance. This white paper discusses how configuration and change management solutions can increase security and aid with compliance achievement.
Posted: 14 May 2008 | Published: 01 May 2008
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BASEL II DEFINITION (continued): …  name for the accords is derived from Basel, Switzerland, where the committee that maintains the accords meets.

Basel II improved on Basel I, first enacted in the 1980s, by offering more complex models for calculating regulatory capital. Essentially, the accord mandates that banks holding riskier assets should be required to have more capital on hand than those maintaining safer portfolios. Basel II also requires companies to publish both the details of risky investments and risk management … 
Basel II definition sponsored by SearchSecurityUK.com, powered by WhatIs.com an online computer dictionary



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