Policymakers are now turning to the implementation leverage and funding requirements
Comments on the proposed revisions are due July 6
The report sets out best practices for banks to independently validate their models
Proposals would require banks to produce a new “dashboard” of key metrics
Revised guidance incorporates the “significant enhancements” to protect banks
The revised market risk framework comes into effect on Jan. 1, 2019
The Basel Committee’s oversight body also discussed the final design and calibration of the leverage ratio
Principles set out supervisory expectations for banks
Global banks considered to be systemically important will not meet the deadline that required them to implement principles in full in 2016
The changes focus on calculating credit risk when determining how much capital banks must set aside