Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

03 December 2010

AFME publishes a Briefing Note on Basel III and CRD 4


Default: Change to:


The note covers two reforms – Basel III, aimed at reforming the banking sector, and CRD 4 that deals with the application of Basel in Europe.


 This note covers two pieces of reform:
o Basel III – Basel Committee’s December 2009 reforms aimed at strengthening the regulation, supervision and risk management of the banking sector (i.e. the core Basel 3 capital and liquidity reforms)
o CRD 4 – the European Commission’s consultation which considers how the Basel proposals could be applied in Europe.

While the core of these packages is clear the complete scope remains fluid. The reform, while broadly welcome, raises a number of issues outlined below:
o Outstanding detail of the proposals and calibration
o Implementation and transparency of the policy making process
o Convergence of supervisory approach
o SIFIs & G‐SIFIs
o Key policy areas

This Briefing Note reflects the state of play as at the time of writing.

Full Briefing Note




© AFME


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment