Basel Looks To Curb Debt-Valuation Adjustment
The Basel Committee on Banking Supervision said it is looking for a “full deduction” of an accounting rule known as debt-valuation adjustment, which allows banks to raise their profits and capital by writing down the value of their debt and derivatives when market prices decline.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
