Mastering Basel 3.1: Strategic Testing for Compliance and Stability
Basel 3.1 marks a transformative revision to the Basel 3 Regulatory framework, created in response to the 2008 Financial Crisis. Research shows that nearly 60% of global banks are struggling to fully comply with these new regulations designed to reshape the financial sector. The stringent standards, particularly in critical areas like capital and risk management—specifically for credit and market risk—are further compounded by tight deadlines.