Banks urge pro-cyclicality review
Regulators have already mooted further capital charges. The Basel Committee on Banking Supervision, for instance, published a report on April 16, announcing its intention to enhance the capital treatment of complex structured credit products, liquidity facilities to support asset-backed commercial paper conduits and credit exposures held in the trading book.
The crisis has also renewed criticisms over the perceived pro-cyclicality of the Basel II framework. A bank would currently be required to
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