Comprehensive version of Basel II

04 July 2006




The BIS issued a comprehensive version of the revised Framework that incorporates the additional guidance set forth in the Committee's paper “The Application of Basel II to Trading Activities and the Treatment of Double Default Effects” issued in July 2005, the “Amendment to the Capital Accord to Incorporate Market Risks” issued in January 1996, as well as elements of the 1988 Accord that remain in effect. This version is primarily aimed at providing banks with a comprehensive view of international solvency standards. It does not contain any new elements.

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