Does CP3 get it right?

The Basel Committee on Banking Supervision’s third consultative paper raises several complex issues, not least of which is: will it work in practice? Paul Kupiec looks for an answer

basel-1-gif

In a March 2003 speech at the Centre for the Study of Financial Innovation in London, US Comptroller of the Currency1 John Hawke Jr offered his perspective on the ongoing revision of the Basel capital Accord in anticipation of the release of the Basel Committee on Banking Supervision’s third consultative paper (CP3). He voiced concerns regarding the complexity of Pillar 1, and questioned whether a highly detailed formulaic approach to capital regulation was the preferred method for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here