Risk Annual Summit: CVA rethink needed, says HSBC risk specialist

A delete button for data privacy

The incoming capital requirement for credit value adjustment (CVA) should be part of banks' market risk calculations, rather than a standalone charge, according to Manoj Bhaskar, head of market risk methodology and regulatory modelling at HSBC. Speaking today at the Risk Annual Summit in London, Bhaskar described the CVA charge as "one of the sorest points" in conversations between the industry and regulators since it was published in December 2010.

But with the Basel Committee on Banking

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: