|
The Basel Committee agreed on 28 th September 2011 a range of measures to finalise key elements of its policy agenda and to put in place a strong implementation assessment framework. After a careful review of public comments received on the July 2011 consultative document, the Committee agreed to finalise the assessment methodology for global systemically important banks (G-SIBs). It agreed to retain the proposed calibration for the additional loss absorbency requirement, which will range from 1% to 2.5% Common Equity Tier 1 (CET1) depending on a bank's systemic importance, with an empty bucket of 3.5% CET1 as a means to discourage banks from becoming even more systemically important. The Committee is proposing some changes to certain indicators to improve the methodology for...
|