IACPM Comments on Revisions to the Minimum Capital Requirements for Market Risk

The IACPM issued a comment letter to the Basel Consultative Document “Revisions to the minimum capital requirements for market risk”. The letter addresses the topic of net short credit risk and seeks clarification from the Committee on the banking book and trading book boundary with respect to hedges that are used in the context of protecting against default risk.

Click here to access IACPM’s comment letter