Comments received on 'Proposed revisions to the Basel II market risk framework' and 'Guidelines for Computing Capital for Incremental Risk in the Trading Book'

On 22 July 2008, the Basel Committee released consultative documents on Proposed revisions to the Basel II market risk framework and Guidelines for Computing Capital for Incremental Risk in the Trading Book . Interested parties were invited to provide written comments by 15 October 2008. As a result, the Committee received 15 comments for publication. These comments, in PDF format, are available below.

The Committee wishes to thank those who have taken the time and effort to express their views. These comments will no doubt assist the Committee in its efforts to finalise its revisions to the market risk framework and the incremental risk capital charge.

Commenter Comments in PDF format
ISDA, IIF, LIBA, IBFed (joint comments) 15 pages, 89 KB
Algorithmics 79 pages, 765 KB
Bank of America 3 pages, 744 KB
Canadian Bankers Association (on incremental risk) 7 pages, 461 KB
Canadian Bankers Association (on Basel II) 1 pages, 134 KB
French Banking Federation 7 pages, 234 KB
Goldman Sachs 11 pages, 400 KB
HBOS 2 pages, 18 KB
The Hong Kong Association of Banks (on incremental risk) 2 pages, 63 KB
The Hong Kong Association of Banks (on Basel II) 2 pages, 65 KB
Japanese Bankers Association 2 pages, 61 KB
JPMorgan Chase 5 pages, 197 KB
Markit 4 pages, 919 KB
Netherlands Bankers' Association (Nederlandse Vereniging van Banken) 7 pages, 64 KB
Standard Chartered 1 pages, 17 KB
Thomson Reuters 3 pages, 35 KB
Zentraler Kreditausschuss 7 pages, 35 KB