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BCBS Statement: Basel II capital framework enhancements announced by the Basel Committee

( July 13, 2009, 17:00 GMT | Official Statement) -- MLex Summary: The Basel Committee on Banking Supervision, the BCBS, issued rules to lift capital requirements for resecuritisations and off-balance-sheet conduits, and boost disclosure of securitisation transactions, by the end of 2010. The committee also issued immediate guidance for supervisors to intensify scrutiny of banks' risk management, off-balance-sheet vehicles and incentive policies, in response to the financial crisis.Basel II capital framework enhancements announced by the Basel Committee...

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