BCBS 11 C
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.
- Publication Date: April 1993
- Publication Type: Consultative
- Publication Status: Closed
- Publication Category: Market Risk
- Number of Pages: 16
- Keywords: Capital Adequacy, Credit Risk, Market Risk, Netting
For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.
The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).