BCBS 228

From Open Risk Manual


BCBS 228 is a document published by the Basel Committee on Banking Supervision on July 2012 in the Risk Management category.


Basel III counterparty credit risk - Frequently asked questions (update of FAQs published in November 2011).


The Basel Committee on Banking Supervision has received a number of interpretation questions related to the December 2010 publication of the Basel III regulatory frameworks for capital and liquidity and the 13 January 2011 press release on the loss absorbency of capital at the point of non-viability.

Today's publication sets out the second set of frequently asked questions (FAQs) that relate to counterparty credit risk, including the default counterparty credit risk charge, the credit valuation adjustment (CVA) capital charge and asset value correlations. FAQs that have been added since the publication of the first version of this document in November 2011 are shaded yellow.

These FAQs aim to promote consistent global implementation of Basel III.

Document Profile

See Also


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).