Asian banks face tech challenges in meeting Basel III

03/7/2012 | (subscription required)

Asian banks, with their strong balance sheets, are generally well positioned to meet higher capital requirements under Basel III. However, the banks face technological challenges because of a disparate regulatory structure. "We are seeing some of the strictest implementations of Basel III coming out of Asia, including Singapore, Australia and India," said Pierre-Etienne Chabanel, senior director of product management at Moody's Analytics.

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