Basel Committee consults on guidelines for counterparty credit risk management.

Basel Committee consults on guidelines for counterparty credit risk management.

Basel Committee consults on guidelines for counterparty credit risk management.

The Basel Committee on Banking Supervision has launched a consultation on guidelines to help financial institutions manage counterparty credit risk and curb “long-standing industry weaknesses”. The proposed guidelines will replace the Committee's Sound practices for banks' interactions with highly leveraged institutions published in January 1999.

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