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The BIS hosts nine international organisations engaged in standard setting and the pursuit of financial stability through the Basel Process. The efforts of the Basel Committee on Banking Supervision to revise the standards governing the capital adequacy of internationally active banks achieved a critical milestone in the publication of an agreed text in June No new elements have been introduced in this compilation.
The Basel Committee announced consultative proposals to strengthen the resilience of the banking sector:. The Committee welcomes comments from the public on all aspects of these consultative papers by 16 April The Basel Committee issued a final package of measures to enhance the three pillars of the Basel II framework and to strengthen the rules governing trading book capital. These measures were originally published for public consultation in January The consultative package consists of the following:.
The proposed incremental risk charge would capture price changes due to defaults as well as other sources of price risk, such as those reflecting credit migrations and significant moves of credit spreads and equity prices.
no problem can be solved until it is reduced to simple form [J.P. Morgan]
It has further aligned the language with respect to prudent valuation for positions subject to market risk with existing accounting guidance. In addition, it has clarified that regulators will retain the ability to require adjustments to current value beyond those required by financial reporting standards, in particular where there is uncertainty around the current realisable value of a position due to illiquidity.
The Committee welcomes comments from the public on all aspects of these consultative papers by 15 October The Basel Committee on Banking Supervision issued a paper on Home-host information sharing for effective Basel II implementation , which sets forth general principles for sharing of information between home country and host country supervisors in the implementation of the Basel II Framework.
This paper was developed jointly with the Core Principles Liaison Group, which includes banking supervisors from sixteen non-Committee member countries, as well as the International Monetary Fund and World Bank. The paper highlights the need for home and host supervisors of internationally active banking organizations to develop and enhance pragmatic communication and cooperation with regard to banks' Basel II implementation plans, and also sets out practical examples of information that could be provided by banks, home supervisors and host supervisors.
National authorities will continue to monitor capital requirements during the period of Basel II implementation, and the Committee will monitor national experiences with the Framework.
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In this section:. Basel II: Revised international capital framework The efforts of the Basel Committee on Banking Supervision to revise the standards governing the capital adequacy of internationally active banks achieved a critical milestone in the publication of an agreed text in June Basel II - Nov Top Share this page.
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