BCBS D403: Difference between revisions
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Definition
BCBS D403 is a document published by the Basel Committee on Banking Supervision on April 2017 in the Credit Risk category.
Title
Prudential treatment of problem assets - definitions of non-performing exposures and forbearance.
Abstract
The Basel Committee on Banking Supervision has today released the final guidance on the Prudential treatment of problem assets - definitions of non-performing exposures and forbearance.
The definitions promote harmonisation in the measurement and application of two important measures of asset quality, non-performing exposures and forbearance, thereby fostering consistency in supervisory reporting.
These guidelines complement the existing accounting and regulatory framework for asset categorisation. They harmonise the scope, recognition criteria and level of application of both terms, promoting a better understanding of the terms, improving identification and monitoring, and promoting consistency in supervisory reporting and disclosures by banks.
The Basel Committee thanks all those who contributed time and effort to express their views during the consultation process.
Document Profile
- Publication Date: April 2017
- Publication Type: Guidelines
- Publication Status: Current
- Publication Category: Credit Risk
- Number of Pages: 45
- Keywords: Problem Assets, Forbearance, Credit Risk, Non-performing Exposure
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).