KESDEE launches e-learning course: Basel II- New Capital Accord

KESDEE Inc., a specialist financial e-learning company launches Basel II: New Capital Accord, an interactive and comprehensive e-learning course. The course has been launched to assist financial institutions in their preparation to adopt the Basel II Framework, due to be implemented by year-end 2006. The course is designed to cater to the top management and risk managers in the banking industry responsible for the Basel II implementation, regulators in the financial services industry and software professionals consulting, designing and developing products for Basel II implementation.

The course discusses the requirements for Basel II as per the revised framework "International Convergence of Capital Measurement and Capital Standards". It covers in detail the primary components, or pillars, i.e., minimum capital requirements, supervisory review process and market discipline. Emphasis on practical application is reflected in the Calculators, Disclosures, Regulations, Global Best Practices and Benchmarking Data, which form a part of the course. This course on Basel II is a sequel to KESDEE’s successful elearning course ‘Capital Adequacy Planning (Basel I)’.

Basel II:
The Basel Committee on Banking Supervision in its new Report stresses that the revised Framework is designed to establish minimum levels of capital for internationally active banks. Basel II embraces a comprehensive approach to risk management and bank supervision. It is aimed at enhancing banks' safety and soundness, strengthen the stability of the financial system as a whole, and improve the financial sector's ability to serve as a source for sustainable growth for the broader economy.

About KESDEE Inc.:
KESDEE Inc. offers 1500 hours of e learning in over 500 courses, tailored for the global Banking and Financial Services Industry. These courses have been developed based on over two decades of consulting and training by GFTT (Global Financial Training and Technology), a division of KESDEE Inc. to financial institutions world wide.

For further information, visit www.kesdee.com