Capital Consultation

George A Walker, Centre for Commercial Law, London

The Basel Committee on Banking Supervision has released the results of the Third Quantitative Impact Study (QIS 3) which was conducted as part of its general revision of modern bank capital adequacy requirements. The objective was to conduct a comprehensive review or ‘field study’ of its revised proposals for capital revision. Over 350 banks from 43 countries participated. (The exact number is unclear from the data available as banks may have completed more than one set of capital option returns.)