Basel Committee to carry out ‘further analysis’ before capital reforms

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By Tyler Davies
21 Apr 2021

The Basel Committee on Banking Supervision (BCBS) will need to see more evidence that its capital reforms restrict “buffer usability” and have “(pro)cyclical” impacts before it recommends any changes to the framework.

Pablo Hernández de Cos, chairman of the BCBS, delivered a speech this week in which he elaborated on some of the elements described in the Basel Committee’s recently published work plan for 2021/2022.

The chairman, who is also governor of the Bank of Spain, said that ...

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