Basel Committee on Banking Supervision Requests Comments on Proposals to Strengthen Banking Sector Resiliency
April 5, 2010
Circular No. 12197

On December 17, 2009, the Basel Committee on Banking Supervision (the Committee) released for comment proposals that aim to strengthen the resiliency of the banking sector through new international capital and liquidity standards. These proposals represent part of the Committee's comprehensive efforts to address the lessons of the recent financial crisis.

Proposed changes include introduction of new standards for liquidity risk management, the addition of a leverage ratio to the international Basel II framework, improvements to the quality and consistency of capital and strengthening of capital requirements for counterparty credit risk.

The Committee has requested that comments on the proposals be submitted by April 16, 2010. The Federal Reserve encourages interested institutions to review the proposals and submit comments. While supervised institutions are under no obligation to provide comments, if comments are submitted, institutions are encouraged to copy the Federal Reserve on any such comments.

See SR letter for full details.

SR 10-7 offsite