The Basel Committee is consulting on proposed revisions to the Basel III leverage ratio framework. The consultation proposes changes in relation to the:
- measurement of derivative exposures;
- treatment of regular-way purchases and sales of financial assets;
- treatment of provisions;
- credit conversion factors for off-balance sheet items; and
- additional requirements for global systemically important banks.
The consultation closes on 6 July. (Source: Basel Committee consults on leverage ratio framework)