The Basel Committee on Banking Supervision (BCBS) has published a final standard for calculating regulatory capital for banks’ exposures to central counterparties (CCPs). This will replace the interim capital requirements and come into effect on 1 January
2017. The interim requirements will continue to apply until that date.
The final standard retains many of the interim requirements (including the general terms, scope of application, treatment of trade exposures to qualifying CCPs and the capital requirements for bank exposures to non-qualifying CCPs) but differs from them
© Finextra Research 2014