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What is basel 3 frame work..?


Jagini Ashruth

Jagini Ashruth

CA Final

585

08-Mar-20 19:53

827

Answers (2)

Basel lll is a comprehensive set of reform measures, developed by the Basel committee to strengthen the regulation, supervision and risk management of banking sector. --- This main aim is to improve the banking sector ability to absorb shocks arising financial and economic stress and to improve risk management and governance. --- but banking risks cannot be quantified statistically hence, Basel lll, based on artificial intelligence is the best solution and it helps in risk assessment.


K K K K

Basel lll is a comprehensive set of reform measures, developed by the Basel committee to strengthen the regulation, supervision and risk management of banking sector. --- This main aim is to improve the banking sector ability to absorb shocks arising financial and economic stress and to improve risk management and governance. --- but banking risks cannot be quantified statistically hence, Basel lll, based on artificial intelligence is the best solution and it helps in risk assessment.

Grt explanation bro Tq


Thread Starter

Jagini Ashruth

Jagini Ashruth

CA Final

585

12-Mar-20 23:40

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