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Trade associations call for further Basel III changes
05 December 2011
A group of 23 banking and trade associations have sent a second letter to the Basel Committee asking it to make further changes to the capital requirements for trade finance.
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Basel II
Basel III
Basel III trade finance
capital requirements
Basel framework
A group of 23 banking and trade associations have sent a second letter to the Basel Committee asking it to consider making further changes to the Basel framework for trade finance.
The letter, which includes signatures from BAFT-IFSA, the European Banking Federation, the European Association of Corporate Treasurers, the American Bankers Association, and the International Forfaiting Association, states that the organisations remained “concerned about the unintended consequences of...
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