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BCBS enhancements to Pillars 1, 2 and 3 of Basel II
Final Basel Committee on Banking Supervision enhancements to Basel II including: i) in Pillar 1 (minimum capital requirements), strengthening the treatment for certain securitizations, introducing higher risk weights for resecuritization exposures, and requiring that banks conduct more rigorous credit analyses of externally rated securitization exposures; ii) in Pillar 2 (supervisory review process), expanding guidance addressing weaknesses revealed in banks' risk management processes during the financial crisis; and iii) in Pillar 3 (market discipline), strengthening requirements relating to securitizations, off-balance sheet vehicles; resecuritization exposures; and other risks regarding securitization exposures.
Publisher:
Global Standard-Setting Bodies
Release date:
Jun 2009
Type:
Standard
Peer:
A Sound Capital Planning Process: Fundamental Elements
Topics:
Capital adequacy, Risk management, Corporate governance, Transparency and disclosure, Market risk, Securitization
Sectors:
Banking
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