Basel II was initially published in June 2004. Its intention was to revise the Basel I standards governing the capital adequacy of banks. Banks need to hold capital to guard against the financial and operational risks they face.
Jernej Doles is the founder and managing director of Omega Finance. He has many years of experience in teaching and consulting on financial topics, such as derivatives, hedging portfolios, fixed income, equities and risk management. Check out his résumé. You can follow him on LinkedIn, Facebook, Twitter, or Google+. For more information about his public seminars, please visit Omega Finance web page.