On 23 May 2011, the Australian Prudential Regulation Authority announced [
] enhancements to the Basel II regulatory framework. The measures are designed to increase transparency and risk management for banks through their minimum capital requirements, risk management practices and public disclosures. The measures include:
- higher capital requirements to capture the credit risk of complex trading activities;
- higher risk-weightings for particular exposures;
- changes to valuation practices; and
- increased transparency requirements.
The Regulation Impact Statement was prepared by the Australian Prudential Regulation Authority and was assessed as adequate by the Office of Best Practice Regulation.
- Basel II enhancements RIS – RTF version [
333 kB ] - Basel II enhancements RIS – PDF version [
239 kB]