On June 18, the Basel Committee on Banking Supervision announced adjustments to the Basel II market risk framework which was released in July 2009. The Committee: (i) reconfirmed the capital charge for non-correlation trading securitization positions, though a two-year transition period will be implemented during which charges may be based on the larger of the capital charges for net long and net short positions; (ii) set the floor for the correlation trading securitization positions at 8% of the standardized measurement method; and (iii) agreed to a coordinated start date of not later than December 31, 2011 for all elements of the July 2009 trading book package, which includes the Revisions to the Basel II Market Risk Framework and Guidelines for Computing Capital for Incremental Risk in the Trading Book. Release.