The latest paper, “Making Sense of Pillar 2 (Pandemic Edition),” by Glenn Tasky, Director of Financial Stability and Supervision / Payment and Settlement Systems at The SEACEN Centre, attempts to demystify The Second Pillar – The Supervisory Review Process of the Basel II/III Capital Standards by demonstrating that there are very few tasks in a Pillar 2 review that are not already contained in a fully-articulated program of risk-based supervision.
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