On December 17, the Basel Committee on Banking Supervision released proposals to strengthen the resiliency of the banking sector. The proposed changes include: (i) the introduction of new standards for liquidity risk management, (ii) the addition of a leverage ratio to the Basel II framework, (iii) improvements to the quality and consistency of capital, and (iv) strengthening capital requirements for counterparty credit risk. Comments are requested by April 16, 2010.  Fed Release.

.