The Basel Committee on Banking Supervision (BCBS) has published its second consultative document on revisions to the securitisation framework, including draft standards text.
The revisions to the capital framework set out in the consultative document seek to address a number of shortcomings in the existing securisation framework and to strengthen the capital standards for securisation exposures held in the banking book. They form part of the BCBS’ broader agenda to reform regulatory standards for banks in response to the global financial crisis and thus contribute to a more resilient banking sector.
The deadline for comments is 21 March 2014.
View Revisions to the securitisation framework, 19 December 2013