Banking Surveillance, Banking Inspection (on-site) and Off-site Supervision & Enforcement Departments jointly organized a half-day Seminar on “Basel II Accord” on Thursday, 15 March, 2007 at the SBP Learning Resource Centre, Karachi as a part of their ongoing efforts to the capacity building of State Bank of Pakistan’s officials and Banking industry as a whole.

The purpose of the Seminar was to acquaint the participants about the BASEL II / European Union Capital Requirements Directives and provide them essential knowledge of international best practices adopted by Financial Services Authority, at UK for the supervision of its industry. The Seminar was attended by the SBP Governor, and 170 participants including officials from State Bank’s, Presidents/ Chief Executives and Senior Officials of the banks and DFIs.

The resource person was Mr. Michael Ainley who is working with Financial Services Authority (FSA) as Head of Wholesale Banks and Investment Firms Department with overall responsibility for supervising 350 foreign banks in London as well as over 2,500 investment firms. He has also published various academic papers and several articles in the field of international finance.

• BASEL II / EU Capital Requirements Directive: The UK Approach (Size in PPT 1MB)