Basel Committee on Banking Supervision announces steps to strengthen the resilience of the banking system

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Basel Committee on Banking Supervision announces steps to strengthen the resilience of the banking system

Press release | 16 April 2008The Basel Committee today is announcing a series of steps to help make the banking system more resilient to financial shocks. These include:Enhancing various aspects of the Basel II Framework, including the capital treatment of complex structured credit products, liquidity facilities to support asset-backed commercial paper (ABCP) conduits, and credit exposures held…

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