{"id":4218,"date":"2014-04-16T08:58:28","date_gmt":"2014-04-16T12:58:28","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=4218"},"modified":"2014-04-16T09:16:23","modified_gmt":"2014-04-16T13:16:23","slug":"basel-committee-issues-final-standard-for-capital-treatment-of-bank-exposures-to-central-parties","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2014\/04\/16\/basel-committee-issues-final-standard-for-capital-treatment-of-bank-exposures-to-central-parties\/","title":{"rendered":"Basel Committee Issues Final Standard for Capital Treatment of Bank Exposures to Central Parties"},"content":{"rendered":"<p>The Basel Committee on Banking Supervision released revised final standards for capital requirements for bank exposures to central counterparties (&#8220;CCPs&#8221;). <!-- break --> Notable revisions of the framework include:<\/p>\n<p><span class=\"Body\"> <\/span><\/p>\n<ul type=\"disc\">\n<span class=\"Body\"> <\/span><\/p>\n<li class=\"Body\">a new approach for determining the capital requirements for bank exposures to qualifying CCPs (&#8220;QCCPs&#8221;);<\/li>\n<p><span class=\"Body\"> <\/span><\/p>\n<li class=\"Body\">employing a <a href=\"http:\/\/www.bis.org\/publ\/bcbs279.htm\">standardized approach for counterparty credit risk<\/a>&nbsp;(as opposed to the Current Exposure Method) to measure the hypothetical capital requirement of a CCP; <\/li>\n<p><span class=\"Body\"> <\/span><\/p>\n<li class=\"Body\">an explicit cap on the capital charges applied to bank exposures to QCCPs (<em>i.e.<\/em>, those charges will not exceed the charges that would be otherwise applicable if the CCP were a non-qualifying CCP);<\/li>\n<p><span class=\"Body\"> <\/span><\/p>\n<li class=\"Body\">specification of the treatment for multilevel client structures; and<\/li>\n<p><span class=\"Body\"> <\/span><\/p>\n<li class=\"Body\">the inclusion of text relating to frequently asked questions posed to the Basel Committee in the course of its work on the revised policy framework.<\/li>\n<\/ul>\n<p class=\"Comment_Box\"><span class=\"Subheader\">See:<\/span><span class=\"Body\"> <a href=\"http:\/\/www.bis.org\/publ\/bcbs282.pdf\">Final Requirements<\/a>; <a href=\"http:\/\/www.bis.org\/publ\/bcbs227.htm\">Interim Requirements<\/a>; <a href=\"http:\/\/www.bis.org\/publ\/bcbs282.htm\">Press Release<\/a>.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Basel Committee on Banking Supervision released revised final standards for capital requirements for bank exposures to central counterparties (&#8220;CCPs&#8221;). Notable revisions of the framework include: a new approach for determining the capital requirements for bank exposures to qualifying CCPs &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2014\/04\/16\/basel-committee-issues-final-standard-for-capital-treatment-of-bank-exposures-to-central-parties\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,9],"tags":[],"class_list":["post-4218","post","type-post","status-publish","format-standard","hentry","category-bankcap","category-reg"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/4218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=4218"}],"version-history":[{"count":2,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/4218\/revisions"}],"predecessor-version":[{"id":4220,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/4218\/revisions\/4220"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=4218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=4218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=4218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}