Basel Committee postpones release of QIS5 data to June

Basel II calibration OK, for now BERLIN, GERMANY – The Basel Committee on Banking Supervision has left the calibration for Basel II unchanged due to "uncertainties in the data", and postponed the release of the data from quantitative impact study five until June. The decision was taken at a meeting in late May hosted by the Deutsche Bundesbank in Berlin.

Basel II's calibration – the 1.06 scaling factor for credit risk-weighted assets – will remain because the results of QIS5 showed only a 6.8% decrease in minimum required capital for group one banks, defined as internationally active and diversified institutions with Tier 1 capital of more than E3 billion.

In comparison, the US's QIS4 results showed a 15.5% drop which led to a year's delay in implementation of the Accord in that country and further study on the causes for that drop.

In QIS5, of