Basel II
About Basel II
Financial institutions are required to have sufficient cash reserves to meet operational risks under Basel II, an international industry guideline. The Basel Committee on Banking Supervision published a number of proposals on banking rules and regulations known as the Basel Accords (BSBS).
Basel II forms the baseline for banks to comply with so that they can de-risk their operations and do not fail due to their wrong decisions or issues in risk management. Basel II has gained immense popularity across the globe resulting in huge demand for certified professionals.
Why is Basel II important?
Benefits of Basel II:
- The high capital requirement standards, it has contributed to the banking industry being more secure.
- Numerous banks have benefited from strict monitoring in avoiding deviations from the mandated minimum capital level.
- Banks have used this procedure to protect themselves against worst-case circumstances.
- Provides risk framework to manage risks
- Compliance increase trust amongst customers
Basel II certified professionals, executives and managers are in high demand in companies across the globe.
Who should take the Basel II Exam?
- Banking executives, professionals and managers
- IT workers that are career-driven remain relevant in their positions in the I.T. sector.
- Those who wish to comprehend Basel II and its real-world applications in both IT and non-IT environments.
- Compliance executives, professionals and managers
Knowledge and Skills required for the Basel II
Critical thinking and communication skills helps candidate to gain quick success for career in Basel II.
Basel II Practice Exam Objectives
Basel II exam focuses on assessing your skills and knowledge in concepts and application of Basel II
Basel II Practice Exam Pre-requisite
There are no prerequisites for the Basel II exam.
Basel II Certification Course Outline
- Introduction to Basel II
- Basel I vs Basel II
- Risk Measurement Approach at a glance
- Standard Approach to Credit Risk Measurement and Required Capital
- Internal Rating Based Approach
- Foundation IRB vs Advance IRB
- Qualification Criteria for IRB approach
- Pros and Cons of IRB approach in comparison to Standard Approach
- BIA and Standardized Approach for the capital required against operational risk
- Qualification Criteria for Standardized approach
- Advance Measurement Approach (AMA) for operational risk
Exam Format and Information
Certification name – Certificate in Basel II
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199