The Basel Committee Group of Central Bank Governors and Heads of Supervision delayed the implementation dates for Basel III to allow banks to focus on "immediate financial stability priorities" during the COVID-19 pandemic.
In a newly published consultative document, the Bank for International Settlements Basel Committee on Banking Supervision proposed several "limited adjustments" to the credit valuation adjustment risk framework.
The Bank for International Settlements published a Report that found that changes in the availability and cost of repurchase agreement ("repo") financing are affecting the ability of repo markets to support the financial system.
The Basel Committee on Banking Supervision ("BCBS") published its revised minimum capital requirements for market risk. The revised and standardized requirements are intended to replace the existing minimum capital requirements for market risk in the global regulatory framework.
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