Resources for Basel II Capital Accord (Basel II)

Financial Stability Forum meets in New York

investmentexecutive.com/

The Financial Stability Forum met in New York over the past couple of days, noting that it sees signs of stability in money markets, but saying it will take time to fully work out. It plans to study possible regulatory responses.

FSF members noted signs of stabilization in money markets, and to some extent in credit markets, although liquidity remains low in several market segments, they allowed. They also said the period of adjustment may take some time, depending among other things on the restoration of confidence in valuations of credit instruments and in assessments of counterparty creditworthiness.

The FSF said it would welcome the adoption of common guidelines for valuation, particularly for complex illiquid products. It also welcomed the progress being made on the implementation of Basel II, capital adequacy standards for global banks.

View the Resource

Share or bookmarklet this web page at: