Basel III counterparty credit risk - Frequently asked questions- BCBS
| No: BCS/24331 | Date(g): 4/9/2012 | Date(h): 18/10/1433 |
Effective from 2012-09-04 - Sep 03 2012
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As you are aware, SAMA has issued the following main documents relating to Basel III Reforms.
- Basel III: A Global Regulatory Framework for More Resilient Banks and Banking System under Circular# BCS 1278 of 21 December 2010.
- Basel III: A Global Regulatory Framework for More Resilient Banks and Banking System December 2010 (Revised June 2011) issued under SAMA Circular# BCS 27885 of 12 November 2011.
The attached is a recent BCBS document (July 2012)* entitled "Basel III Counterparty Credit Risk - Frequently Asked Questions", and represents an update to "Frequently Asked Questions" relating to Basel III counterparty credit risk of November 2011 which was circulated by SAMA on 24 of November 2011. The above referred documents relate to Counterparty Credit risk rules under the Definition of Capital component of Basel III reforms. Consequently, these Frequently Asked Questions should be read in conjunction with SAMA Circulars# BCS 1278 and BCS 27885.
This document has been superseded and replaced by Basel III counterparty credit risk - Frequently asked questions (21 November 2012)