The paper summarises the key elements contained in recent proposals to revise the Basel Accord on bank capital and associated European Union requirements. A major consultative paper was issued by the Basel Committee in January this year and it is intended that the new rules will be finalised next year following a further round of consultation. The paper outlines the rationale for the revisions, in particular the need to combine a more risk‐sensitive approach without encouraging a reduction in capital adequacy within the banking system.
Allen, T. (2001), "Revisions to international bank solvency standards: A UK supervisory perspective", Journal of Financial Regulation and Compliance, Vol. 9 No. 4, pp. 305-311. https://doi.org/10.1108/eb025084Download as .RIS
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