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Compliance with data protection legislation |
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Basel II |
Compliance with data protection legislation in financial services
Basel II
Basel II is a revision of the existing Basel I framework, which aims to make the framework more risk sensitive and representative of modern banks' risk management practices. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations about how much capital banks need to put aside to guard against the types of financial and operational risks banks face.
Basel II requires organisations in trading relationships to plan and act to mitigate against risk and to demonstrate how they do this.
DQ Global understand the need for compliance with financial legislation, and the impacts of not complying. We have been working with financial services organisations worldwide for more than 10 years and are able to deliver software systems to ensure that companies affected by the regulations are able to demonstrate their compliance.
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