On July 5th, the Basel Committee on Banking Supervision issued proposed revisions to its standards governing the prudential treatment of banks' equity investments in funds. The proposal revises the Standardized Approach and the Internal Ratings-Based approaches contained in the Basel II framework. The proposed revisions do not require banks to reflect a fund's leverage when determining capital requirements associated with their investments in a fund. Comments should be submitted on or before October 4, 2013. BIS Summary.