PRMIAConferenceFeb292008finalversion.pptVIP

Name of committee or team A changing environment increasingly favorable and demanding for companies with advanced risk culture日益改变的环境对有先进风险文化的企业既有利也提出更高要求 Industry Benchmark – July 2006 工业基准比较—2006年6月 From Basel I to Basel II从巴塞尔i到巴塞尔ii In effect since 1988; very simple in application (e.g. 8% capital required for all type of corporates) 1988年生效,应用简单,各企业只有8%的资金要求 Easy to achieve significant capital reduction with little or no risk transfer无须或及小的风险 转移便能达到可观的减资 Much more complex and risk sensitive 更复杂,更具有风险敏感性 Basel II introduced to combat regulatory arbitrage exploit and improve bank r