XN000022-1993-05-07 — Page 7

Daily Information Bulletin 新聞公報 All

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

-

17

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.