Basel Committee advances in post-crisis reforms: At its most recent meeting, the Basel Committee announced that it:
- has endorsed the Net Stable Funding Ratio, the final standard of which it will publish in the coming weeks;
- has now completed its review of its Principles for enhancing corporate governance;
- will publish revisions to the securitisation framework by the end of the year; and
- is considering capital floors, restrictions on modelling and improved disclosure to address the excessive variability in the calculation of risk-weighted assets.
(Source: Progress on Post-Crisis Reforms)