BCBS Publishes Additional FAQs on International Basel Framework
BCBS published has set out a number of frequently asked questions (FAQs) that it has agreed to add to the Basel Framework. The added FAQs cover a range of issues related to the reform of benchmark reference rates and clarifications related to the standardized approach to operational risk. The FAQs are intended to support consistent implementation of Basel framework, which is the full set of the Basel Committee standards for prudential regulation of banks.
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Keywords: International, Banking, FAQ, Benchmark Reforms, Standardized Approach, Operational Risk, Market Risk, Definition of Capital, Basel, BCBS
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