BIS (Basel Committee): Consultation paper: Capitalisation of bank exposures to central counterparties
Bank for International Settlements
November 2, 2011
On 2 November 2011, the Basel Committee published a second consultative paper on the Capitalisation of bank exposures to central counterparties.
The paper details the capitalisation of bank exposures to a central counterparty (CCP) referencing both capital requirements for default fund exposures and trade-related exposures to CCPs.
The Basel Committee intends to finalise the rules by December 2011 and expects that they will be implemented by January 2013.