Basel II - Pillar II
ØSupervisory Review and Evaluation Process (SREP) envisages establishment of suitable risk management system in banks and their review by the supervisor.
ØBanks to have adequate capital to support all the risks in their business.
ØEncourage banks to develop and use better risk management techniques for monitoring and managing their risks.
ØWell defined internal assessment process (ICAAP)
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