In the framework of its annual programme of cooperation with central banks of emerging economies, the Bank of Italy has organized a seminar in Rome on recent developments in banking supervision, mainly focused on the risk-based approach, against the background of the new Basel II Framework.
The seminar focused on the main issues related to the implementation of the Basel II Framework in the Italian regulatory system and supervisory procedures. Topics included the capital and organizational requirements, the market discipline and the principles of the supervisory review process on banks and banking groups. Specific attention was devoted to the latest regulatory issues related to the recent financial crisis.
