Banking Watchdog Mulls Tighter SRT Disclosure Guidelines
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Basel Committee on Banking Supervision is working on proposals to step up bank disclosures about their use of synthetic risk transfers, according to people familiar with the matter.The committee is asking banking authorities to provide data about the use of SRTs by their supervised lenders, said the people, who asked not to be identified because the deliberations are private. It is also seeking ways to standardize the public reporting about banks’ reliance on such instruments, they said.