From Open Risk Manual


BCBS 11 C is a document published by the Basel Committee on Banking Supervision on April 1993 in the Market Risk category.


Supervisory Recognition of Netting for Capital Adequacy Purposes.


This consultative report proposes that the 1988 Capital Accord should be revised to recognise, in addition to netting by novation, other forms of bilateral netting of credit exposures to the extent that such arrangements are effective under relevant laws and comply with the other minimum standards set forth in the Lamfalussy Report interbank netting schemes, published by the BIS in November 1990.

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