பும்
FRIDAY, MAY 7, 1993
IN ADDITION, THE PAPER ALSO INVITES COMMENTS ON A ISSURS OF A GENERAL NATURE RELATING TO MULTILATERAL NETTING.
THE
PROPOSAL, SECOND
SETS FORTH A
NUMBER OF
MODIFY THE THE RISKS DERIVATIVE
FRAMEWORK TO CAPITAL ACCORD BY PROVIDING EXPLICIT CAPITAL CHARGES FOR ASSOCIATED WITH PRICE CHANGES IN OPEN POSITIONS (INCLUDING POSITIONS) IN DEBT AND EQUITY SECURITIES ON BANKS' TRADING BOOKS IN FOREIGN EXCHANGE.
AND
UNTIL NOW, THE CAPITAL ACCORD HAS BEEN MAINLY CAPITAL CHARGES FOR CREDIT RISK.
CONCERNED WITH
THE
SETS
A FORTH
COMMON
PROPOSAL
APPROACH THIRD
TO THE METHODOLOGY FOR MEASUREMENT OF
IT PROPOSES A INTEREST RATE RISK.
WILL ESTIMATING THE EXTENT TO WHICH THE FINANCIAL STRENGTH OF A BANK BE IMPAIRED BY ADVERSE MOVEMENTS OF INTEREST RATES.
ASSIST
IDENTIFYING
THOSE
IN [T WOULD
BANKING SUPERVISORS INSTITUTIONS WHICH MAY BE ESPECIALLY VULNERABLE TO CHANGES IN INTEREST
RESPONSES SUPERVISORY RATES AND IN INITIATING APPROPRIATE CASE-BY-CASE BASIS.
ON A
CAPITAL CHANGES IN
THE PROPOSAL DOES NOT CONTEMPLATE A SYSTEM OF EXPLICIT CHARGES FOR INTEREST RATE RISK AND THUS WOULD NOT ENTAIL THE CAPITAL ACCORD,
0
RCB INFORMED OF METRO NEWS CHANGES
A
TO
SPOKESMAN FOR THE RECREATION AND
BRANCH CULTURE CONFIRMED THAT THE BRANCH HAD BEEN INFORMED OF THE
NEWS METRO
AM SHORTLY
OF BEFORE ISSUE
TODAY PROPOSED
THE
PUBLIC
(FRIDAY) CHANGES
ANNOUNCEMENT.
THE SPOKESMAN SAID: "THIS IS A COMMERCIAL DECISION WHICH
ΤΟ TAKE. ENTITLED
NOT †T DID
PRIOR GOVERNMENT BROADCASTING AUTHORITY (BA) APPROVAL.'
IS
REQUIRE
"
METRO OR
"IT IS OUR POLICY THAT LICENSEES SHOULD HAVE THE FLEXIBILITY TO TAILOR THEIR BROADCASTS TO MEET LISTENER DEMAND PROVIDING THEY SATISFY OF PRACTICE THE REQUIREMENTS OF THEIR LICENCE AND FOLLOW THE CODES ISSUED BY THE BA.
"WE
ARE SATISFIED ABOUT THIS PROPOSAL FROM THAT POINT OF AND, IN CONJUNCTION WITH THE RA, WE WILL MONITOR THIS NEW SERVICE ENSURE THAT THIS CONTINUES TO BE THE CASE.
VIEW
TO
11
0
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