Basel Committee publishes four consultation papers

At the end of last week the Basel Committee on Banking Supervision published three consultation papers. In the first, views are sought on the Committee's proposed guidelines Sound management of risks related to money laundering and financing of terrorism: see here (pdf). The second and third papers concern derivatives-related reforms to the capital adequacy framework: see here (pdf) and here (pdf). The fourth paper sets out revisions to the Basel III leverage ratio framework and disclosure requirements: see here (pdf).