7/13/2017 Basel III: A global regulatory framework for more resilient banks and banking systems - revised version

- revised version June 2011

Basel III: A global regulatory framework for more resilient banks and
banking systems - revised version June 2011

June 2011

Comments on the revision:

The Basel Committee on Banking Supervision has completed its review of and finalised the Basel

III capital treatment for counterparty credit risk in bilateral trades. The review resulted in a minor

modification of the credit valuation adjustment (CVA), which is the risk of loss caused by changes

in the credit spread of a counterparty due to changes in its credit quality (also referred to as the

market value of counterparty credit risk). See the related press release.

Revised version of the Basel III capital rules reflecting the CVA modification (1 June 2011)

Original version (December 2010)

https://www.bis.org/publ/bcbs189.htm 1/1