HKMA's Topping on challenges under Basel II

In a speech on 'The critical challenge facing banks and regulators under Basel II' given on 28 September, Simon Topping of the HKMA said the main objectives of Pillar 2 are to ensure banks have adequate capital to support all the material risks in their business and encourage banks to develop and use better risk management techniques.

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Speech by Simon Topping, Hong Kong Monetary Authority, GARP Asia Pacific

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