Sponsor's article > Basel II much?

US regulatory authorities are considering allowing smaller banks exemption from Basel II. But who would gain from this - and who would lose? Alan Bright, marketing communications manager at SunGard Trading and Risk Systems, takes some soundings.

There has been much debate in recent weeks regarding US plans to restrict application of the Basel II rules to big, internationally active banks while others would remain under Basel I. The European Union plans to apply the new accord to all banks and securities firms.

A two-tier system
Dean Jovic, our managing director risk management/Basel II, believes the US position would be a backward step leading to a two tier system with smaller banks falling progressively farther behind in their risk

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