From Open Risk Manual


BCBS D498 is a document published by the Basel Committee on Banking Supervision on April 2020 in the Coronavirus category.


Measures to reflect the impact of Covid-19.


The document sets out technical guidance related to: (i) the exceptional measures introduced by governments and banks to alleviate the impact of the coronavirus disease (Covid-19); and (ii) expected credit loss (ECL) accounting. The guidance seeks to ensure that banks reflect the risk-reducing effect of the exceptional measures when calculating their capital requirements. It also sets out the amended transitional arrangements for the regulatory capital treatment of ECL accounting, which will provide jurisdictions with greater flexibility in how to phase in the impact of ECL on regulatory capital.

Document Profile

  • Publication Date: April 2020
  • Publication Type: Other
  • Publication Status: Current
  • Publication Category: Coronavirus
  • Number of Pages: 7
  • Keywords: Coronavirus, Credit Risk

See Also


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