The Basel Committee on Banking Supervision (BCBS) published its second consultation on the capital measurement for operational risk in March 2016. This whitepaper gives a thorough overview of the BCBS's consultation and the quantitative impact study (QIS) on the proposals set out in this consultation. The results of this study and comments received are expected to be used as inputs to the final design and calibration of the operational risk framework.
The Basel Committee on Banking Supervision issued the final Basel III securitization framework in July 2016, incorporating the alternative capital treatment for simple, transparent, and comparable (STC) securitizations. This framework comes into effect in January 2018. This paper reviews the prescribed hierarchy of approaches, and looks at the potential overall impact of the framework on banks.
Coverage this month includes the BCBS's consultative document and discussion paper on Basel III; the EBA's final guidelines on implicit support for securitization transactions; the SEC's adopted rules for open-ended, mutual, and exchange traded funds; and more.
This Whitepaper provides a detailed description of the upcoming Net Stable Funding Ratio (NSFR) requirements under Basel III liquidity compliance.
In December 2013, the Basel Committee on Banking Supervision released the final policy framework for the capital treatment of banks' equity investments in funds that are held in the banking book. The final policy framework will apply to investments in all types of funds and to all banks, irrespective of whether the banks apply the Basel framework's standardized approach or an internal ratings-based (IRB) approach for credit risk. The final framework will be applicable as of January 1, 2017.
The Basel Committee on Banking Supervision (BCBS) released the final policy framework for the measurement and control of large exposures1 in April 2014. The final framework takes into account the industry comments on the March 2013 proposal2 and would replace the Committee's 1991 guidance.