Basel committee on banking supervision
The banking industry and its supervisors are debating some of the most important regulatory changes in recent history. These changes are likely to have major implications. The banking sector has already taken extensive steps to strengthen capital ratios, to lower leverage and to reduce liquidity risk.
The aim of the industry and the Basel Committee on Banking Supervision (BCBS) is to create a more resilient international banking sector.
In December 2009, BCBS released its proposals for strengthening capital and liquidity regulations: two consultation papers entitled ‘Strengthening the Resilience of the Banking Sector’ and ‘International Framework for Liquidity Risk Measurement, Standards and Monitoring’.
PwC has welcomed the opportunity to provide feedback on these two papers and submitted its response on 16 April 2010. To view the headlines from our feedback please click here. Alternatively should you wish to view the full PwC feedback please click here.
