From Open Risk Manual


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


Basel capital framework national discretions.


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.

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