Strengthening Capital Standards 3
11 Jun 2011
Source: Financial Services Authority (FSA)
Deadline: 11 June 2011
The FSA requires comments on its proposals for implementing changes to the Capital Requirements Directive 3 (CRD3), which is required to be implemented by 31 December 2011. In particular, this consultation paper focuses on the CRD3 changes regarding capital requirements in the trading books; capital requirements for re-securitisations; extension of the prudent valuation framework; public disclosures under Pillar 3 of the capital framework; amendments to the FSA’s rules and reporting requirements.
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