The Delta Strategy Group released a summary of the Basel Committee on Banking Supervision’s potential changes to the interim capital rules. Attached are the two June consultative reports released by the Basel Committee:
- The first consultative document suggests potential changes to the capital treatment of exposures to Qualifying Central Counterparties (“QCCPs”);and
- The second consultative document describes a proposed method of calculating counterparty credit risk exposure called the non-internal model method (“NIMM”).
Separately, the OCC and Federal Reserve Board approved on July 2 final rules to implement the Basel III regulatory capital reforms.
Click here to see the Basel Capital summary from Delta Strategy Group.
Basel Consultative Documents: Capital Treatment of Bank Exposures to CCPs and The Non-Internal Model Method.
Related News: OCC and Federal Reserve Board Approve Final Capital Rules (July 2, 2013).