The focus would then be on the advanced approaches of the Basel II framework where banks would have o rely on their own internal models for the calculation of their capital requirements. In this context, the setting up of a centralized database for credit risk is more than ever on our agenda.
Therefore, the Basel Committee on Banking Supervision (BCBS) will monitor on an ongoing basis the status of jurisdictions’ adoptions of the Basel rules, following a three-level approach: First-level assessments focus on whether the rules are adopted according to the agreed timelines while the second level deals with the content of the domestic rules.