Proposed Enhancements to the Basel II Framework
by Basel Committee on Banking Supervision
January 16, 2009
Abstract: The Basel Committee has finalised its proposals for enhancing the Basel II framework in the area of securitisation and more specifically for dealing with resecuritisations. These enhancements are intended to strengthen the framework and respond to lessons learned from the financial crisis. The following is a summary of the changes that the Committee is proposing to make to Pillar 1.