The Basel Committee has proposed a framework for measuring, reporting and limiting a bank’s exposures to single counterparties and groups of connected counterparties. The proposed large exposures framework, which borrows a number of concepts from the Basel capital framework, is intended to ensure greater international consistency in regulatory and supervisory approaches to large exposures and to act as a backstop to risk-based capital requirements. The Basel Committee expects national supervisors to implement the large exposures framework by January 1, 2019.
Comments on the proposed framework are due June 28, 2013. … Read More