Basel II represents the most fundamental change seen in financial services capital regulation in the past 15 years and is a top level business issue that has far reaching strategic implications for:
Focusing on the changes needed to optimise Basel II's business impact could turn Basel II into a competitive boon, rather than a regulatory burden.
Most organisations are now well into Basel ll preparation and will have the necessary models and data collection activities to comply with the 1 January 2007 "go live" date.
Successful organisations are likely to include some or all the following:
Unsuccessful organisations could be those with all or some of the following unless they take remedial action:
Deloitte is a leading adviser on Basel II. Basel II is a multi-faceted challenge requiring a multi-disciplinary solution. We are the only adviser able to provide the required breadth of service. In addition, the wealth of experience that our team has built-up, combined with our developed software and tools, will enable you to take months off implementation timelines and so get ahead of the game.