An opportunity to rethink strategy

摘要

Activity surrounding the complex Basel II adoption process is nearing a climax. New risk processes, models and management responsibilities are being introduced, reaching right into a bank's innards. Because of this, implementation teams have righdy focused on preparing their institution to meet the Accord's requirements, but it is this 'process' aspect of Basel II, feeding upwards to the executive boards responsible for compliance, that may blind banks to greater possibilities. Are those boards lost in interpretation, to the detriment of using Basel II as an opportunity to rethink their individual franchises?