Basel Committee sets out plans for completion of Basel III

The Basel Committee on Banking Supervision published a crucial set of adjustments to its proposed reforms on July 26, offering some relief to dealers – particularly on the make-up of the capital charge for credit value adjustment (CVA) and the timing of liquidity and leverage rules – but leaving the industry concerned about the continuing lack of headline capital numbers.

Attempting to end months of speculation that the so-called Basel III package will be impossible to finalise by the end of the