On 24 June 2014, the Basel Committee for Banking Standards (the "Basel Committee") launched a consultation on proposed revisions to the Basel III Pillar 3 disclosure requirements. The proposals are the result of concerns emerging about the lack of consistency on the form and granularity of information disclosed and on the interpretation of the requirements. Responses to the consultation are due by 26 September 2014.
The consultation paper is available at: http://www.bis.org/publ/bcbs286.pdf.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
