CVA exemptions should be rolled out globally – poll

Should CVA exemptions be extended globally?

Global regulators should copy a decision by European legislators to excuse the continent's banks from applying a Basel III credit valuation adjustment (CVA) capital charge when trading with corporates, sovereigns and pension funds, according to a large majority of readers. The European exemption was agreed in February by the European Parliament, Council of the European Union and European Commission as part of their negotiations to finalise the fourth Capital Requirements Directive an

To continue reading...