ABSA retains Quadrant for Basel II, SOX and IAS 39 advice

Quadrant’s Risk Consultancy Division advices ABSA

The ABSA Group has retained Quadrant’s Risk Consultancy Division to provide strategic advice and planning, in connection with a broad range of risk- and compliance-related issues.

This covered the development of group-wide credit policy documents for ABSA, including wholesale and retail policies with specific sub-policies relating to individual business lines including agricultural, commercial property, treasury, tourism and the public sector.

Specific analytical modelling development and validation was also provided in connection with the Economic Capital Calculation for Basel II, IAS39 and Sarbanes-Oxley compliance.

BaselAlert.com

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