This week, the Basel Committee on Banking Supervision convened its policy development group in Madrid, with a lengthy to-do list.
The publication of Basel III in December marked the end of a years-long effort to finalise post-crisis reforms of the regulatory capital framework – accompanied by a prolonged lobby battle by the industry. But for one aspect of the rules – the revised market risk framework – the battle is just beginning.
Critics claim Basel has yet to fully address concerns with two
The week on Risk.net, May 12-18, 2018Receive this by email