a number of additional measures that supervisors could take to achieve a better balance between risk sensitivity and the stability of capital requirements, should this be viewed as necessary. In particular, the range of possible measures includes an approach by the Committee of European Banking Supervisors (CEBS) to use the Pillar 2 process to adjust for the compression of probability of default
3. Enhanced counterparty credit risk management
requirements
a comprehensive stress testing program for
counterparty credit risk
an independent risk control unit
banking systems in which customer accounts and contracts can be managed. These systems isolated the various customer-specific data from each other making an integral view much more difficult.
The Solution
This customer-orientated IT architecture requirement was met with the implementtation of SAP® CRM fora standard customer care and SAP® NetWeaverTM as asystems integration platform. sys
30s.
Article I of the Articles of Agreement sets out the IMF's main responsibilities:
promoting international monetary cooperation;
facilitating the expansion and balanced growth of international trade;
promoting exchange stability;
assisting in the establishment of a multilateral system of payments; and
making its resources available (under adequate safeguards) to members experiencin
1. Introduction
The International Monetary Fund (IMF) is no longer a purely international economic organizationin the way it was. At first, the IMF was established along with the World Bankand theGeneral Agreement on Tariffs and Tradeat the close ofWorld War II in order to provide governments with balance of payments support, but now there’s a doubt that IMF has become a political organizat