Basel 2.5: US ratings workaround too punitive, banks complain

Basel 2.5: US ratings workaround too punitive, banks complain

US regulations

Draft trading book capital rules published by US regulators on December 7 are insensitive to risk, banks claim, and would leave the US industry facing capital requirements for some assets – particularly securitisations – that are higher than those produced by the corresponding international rules, known as Basel 2.5.

“In many cases the measures are heavily risk-insensitive – in some they are more punitive compared with the Basel 2.5 risk weights, in others more favourable – and this needs to be

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 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 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: