Banks could wrestle to get required particulars from purchasers beneath Basel proposals, says reg affairs govt
Regulators could must rethink post-Archegos proposals to require sellers to acquire stricter disclosures from purchasers as they might not be possible in apply, in line with a JP Morgan govt.
The Basel Committee on Banking Supervision (BCBS) printed a session on tips round counterparty credit score danger administration on the finish of April. A part of the session proposes sellers alter their danger urge for food for counterparties that refuse to offer satisfactory danger disclosures, or in some
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