'Restructuring' partly dumped as Basel shifts stance on risk mitigation

The Committee has partially dumped its requirements for the inclusion of ‘restructuring’ as a credit reference event when recognising credit derivatives for risk lay-off related to a bank’s lending book. But under these circumstances, the bank must have complete control over the decision of whether or not there will be a restructuring of the underlying obligations.

“During the CP3 consultative period, the Committee also intends to explore alternative regulatory capital treatments for credit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here