Resources for Basel II Capital Accord (Basel II)

Bank for International Settlements plans anti-shock measures

www.marketwatch.com

The Bank of International Settlement's regulatory panel Wednesday launched measures aimed at making the banking system more resilient to shocks such as the credit crunch currently roiling markets. The Basel Committee of Banking Supervision said it will introduce stronger risk management measures, better valuation of assets and disclosure, more liquidity and capital to cushion against off-balance sheet losses, and said it seeks to overhaul Basel II regulation to include complex structured credit products.
Credit products such as mortgage securities have wreaked havoc on bank earnings in recent quarters, leaving heavy losses in their wake.

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