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Basel II and Cad 3: Key Challenges and the Road AheadCharles Ilako, the Leader of PwC's European Financial Services Regulatory Practice, wrote an article, "Basel II and Cad 3: Key Challenges and the Road Ahead," which has recently been published in the European Banking Review (Basel II Accord chapter - Volume 5). This comprehensive report, commissioned by The Parliamentary Policy Form, highlights major areas of concern for finance professionals. They include the terms and conditions by which the Euro operates and examines practical implications for finance professionals.The article discusses:two key questions - how close are we to seeing the final version of Basel II and what issues are banks experiencing in preparing themselvesthe main differences between Basel II and CAD 3credit risk challengesoperational risk challengesthe conclusionour team
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