Comment on “A New Capital Adequacy Framework”

Comment on “A New CapitalAdequacy Framework”KMV CorporationCopyrightCOPYRIGHT  2000, KMV LLC, SAN FRANCISCO, CALIFORNIA, USA. All rights reserved.No part of this publication may be reproduced, stored in or introduced into a retrieval system, ortransmitted, in any form or by any means now known or hereafter developed (electronic,mechanical, photocopying, recording or otherwise) without prior written permission of thecopyright owner.KMV, LLC retains all trade secret, copyright and other proprietary rights in this document.Except for individual use, this document should not be copied without the express writtenpermission of the owner.Trademark Information®KMV and the KMV Logo are registered trademarks of KMV LLC. EDFCalc and Private Firm®Model are registered trademarks of KMV LLC. Portfolio Manager™, Credit Monitor™, GlobalCorrelation Model™, GCorr™, EDF Calculator, Expected Default Frequency™ and EDF™ aretrademarks of KMV LLC.All other trademarks are the property of their respective owners.Document Number: 999-0000-094. Revision 1.0.0.Published by: Author(s):KMV LLC Stephen Kealhofer1620 Montgomery Street, Suite 140San Francisco, CA 94111 U.S.A.Phone: +1 415-296-9669FAX: +1 415-296-9458Web: http: // www.kmv.comPage ii Release Date: 30-March-2000Comment on “A New Capital Adequacy Framework”Introductory CommentsThe Basel Committee on Banking Supervision has proposed a significant revision (Revision) tothe 1988 Accord. There are many large ...