capital and liquidity reform package

Basel Committee Reaches Agreement on Capital and Liquidity Reform Package

On July 26, the Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision, announced that it has reached agreement on the overall design of the Basel Committee’s capital and liquidity reform package. In particular, this includes the definition of capital, the treatment of counterparty risk, the leverage ratio, and the global liquidity standard. Basel Release.