17 September 2005
The banking and financial community has termed the upcoming conference on Basel II a major event designed to help the financial community to cope with the challenges posed by the new minimum capital adequacy ratio regime for banks and other related issues.
The conference, titled "The Impact of Basel II on Financial Organisations: Optimising the Mix", will take up the major topics related to the Basel II.
The highly specialised conference comprises a panel of experts each discussing different facets of Basel II; a topic which holds weight in the current economic scenario, and has motivated many delegates to register so as to successfully implement Basel II requirements for compliance.
Under the patronage of Rasheed Al Maraj, Governor of Bahrain Monetary Agency, the event is scheduled to be held on September 25 at the Gulf International Exhibition and Convention Centre, Bahrain. Specialist speakers include: Khalid Hamad, Ernst & Young, who will be speaking on Basel II Impact on Governance Practices, Nasir Ahmad, KPMG, on Basel II vs. Economic Capital, Patrick Fell, PricewaterhouseCoopers, on Pillar II and You; Mohammed Belgami, Kuwait Finance House, Dean Rowan, Saudi National Commercial Bank, on Understanding Basel II as an Incentive to Advance The Progress Of Sound Risk Management 'Not Just A Set Of Rules', Sohrab Dadachandji, Standard Chartered Bank, on The Challenge of Cross Border Implementation for Basel II, and Anand M Sharma, HSBC, on Basel II - Standardised Approach - Practical Considerations, and Richard Elis, BMA, on Islamic Banking perspective on Basel II.
"As one of the region's major financial centres, Bahrain must adopt the Basel II framework if it is to be at par with global standards. Our knowledgeable speakers will provide priceless knowledge on the successful implementation of this new capital-adequacy framework for banks," explained Saleh H. A. Hussain, Head of the Social and Informational Committee, Bankers' Society.
"The fruit of more than five years' work by a committee of leading global bank supervisors, Basel II relates banks' regulatory capital more closely to the perceived risks that they run. It is an attempt to reduce the number of bank failures by tying a bank's capital-adequacy ratio to the operational risk," he added.
The banking and financial community has termed the upcoming conference on Basel II a major event designed to help the financial community to cope with the challenges posed by the new minimum capital adequacy ratio regime for banks and other related issues.
The conference, titled "The Impact of Basel II on Financial Organisations: Optimising the Mix", will take up the major topics related to the Basel II.
The highly specialised conference comprises a panel of experts each discussing different facets of Basel II; a topic which holds weight in the current economic scenario, and has motivated many delegates to register so as to successfully implement Basel II requirements for compliance.
Under the patronage of Rasheed Al Maraj, Governor of Bahrain Monetary Agency, the event is scheduled to be held on September 25 at the Gulf International Exhibition and Convention Centre, Bahrain. Specialist speakers include: Khalid Hamad, Ernst & Young, who will be speaking on Basel II Impact on Governance Practices, Nasir Ahmad, KPMG, on Basel II vs. Economic Capital, Patrick Fell, PricewaterhouseCoopers, on Pillar II and You; Mohammed Belgami, Kuwait Finance House, Dean Rowan, Saudi National Commercial Bank, on Understanding Basel II as an Incentive to Advance The Progress Of Sound Risk Management 'Not Just A Set Of Rules', Sohrab Dadachandji, Standard Chartered Bank, on The Challenge of Cross Border Implementation for Basel II, and Anand M Sharma, HSBC, on Basel II - Standardised Approach - Practical Considerations, and Richard Elis, BMA, on Islamic Banking perspective on Basel II.
"As one of the region's major financial centres, Bahrain must adopt the Basel II framework if it is to be at par with global standards. Our knowledgeable speakers will provide priceless knowledge on the successful implementation of this new capital-adequacy framework for banks," explained Saleh H. A. Hussain, Head of the Social and Informational Committee, Bankers' Society.
"The fruit of more than five years' work by a committee of leading global bank supervisors, Basel II relates banks' regulatory capital more closely to the perceived risks that they run. It is an attempt to reduce the number of bank failures by tying a bank's capital-adequacy ratio to the operational risk," he added.
© Bahrain Tribune 2005
