Basel II and the European Capital Adequacy Directive

It is the objective of this piece of literature to
provide a "de-emotionalized" overview over Basel II -
a topic located at the interface between
political / economic reality as well as the reality
of the financial institues, the Small- and Medium-
sized enterprises and the financial markets as such.

Furthermore Basel II will be presented as only one
element which is currently influencing the
financial / economic changes - changes which will
present Small- and Medium-sized enterprises as well
as banks and the political environment with the
challanging task of agreeing upon a joint approach
for establishing a proper environment to deal with
the upcoming challanges.

Of course - as in many economic questions - there is
not one single truth, not one single way forward.
However, the alternatives which do exist have to be
put on the table in order to initiate a proper
discussion, in order to allow for valid joint
decision taking by the involved parties and in order
to take the necessary steps forward.

Autorentext
Michael was born in '81 in Vienna, Austria. He holds a Diploma in International Management from the IMC University of Applied Sciences. As consultant for Project Management and Reengineering Michael is providing his expertise to renowned corporations in the IT, banking and automotive sector and is currently based in Stuttgart, Germany.

Klappentext
It is the objective of this piece of literature to provide a "de-emotionalized" overview over Basel II - a topic located at the interface between political / economic reality as well as the reality of the financial institues, the Small- and Medium- sized enterprises and the financial markets as such. Furthermore Basel II will be presented as only one element which is currently influencing the financial / economic changes - changes which will present Small- and Medium-sized enterprises as well as banks and the political environment with the challanging task of agreeing upon a joint approach for establishing a proper environment to deal with the upcoming challanges. Of course - as in many economic questions - there is not one single truth, not one single way forward. However, the alternatives which do exist have to be put on the table in order to initiate a proper discussion, in order to allow for valid joint decision taking by the involved parties and in order to take the necessary steps forward.