BCBS D297

From Open Risk Manual

Definition

BCBS D297 is a document published by the Basel Committee on Banking Supervision on November 2014 in the Implementation category.

Title

Basel capital framework national discretions.

Abstract

The Basel standards include a number of national discretions that allow countries to adapt the international standards to reflect differences in the structure and development of financial systems. However, the use of national discretions can also impair comparability across jurisdictions and has been found to be a driver of variability in risk-weighted assets. The Committee is therefore reviewing the use of national discretions with a view to removing a number of them from the framework.

As a first step, the Committee is publishing a list showing the use of each national discretion by each Basel Committee member. It covers national discretions in the Basel capital framework and thereby provides greater transparency to market participants to aid comparability.

Document Profile

See Also

Disclaimers

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).