Securities Market Launches Effort to Get Changes Made in Emerging International Bank Capital Requirements
August 15, 2003
Seven industry groups representing various factions of the securitization market called for international regulators to revise proposed changes to risk-based capital requirements that they said could disrupt the securitization market. The comments were submitted in a July 31 comment letter concerning the new Basel Capital Accord, known as Basel II. The accord seeks to adjust the capital requirements for large, internationally