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04 May 2010

BCBS: Risk weight for the Multilateral Investment Guarantee Agency (MIGA)


The Basel Committee on Banking Supervision has agreed that supervisors may allow banks to apply a 0% risk weight to claims on the Multilateral Investment Guarantee Agency (MIGA) in accordance with paragraph 59 of the document International Convergence of Capital Measurement and Capital Standards.

The Basel Committee on Banking Supervision has agreed that supervisors may allow banks to apply a 0% risk weight to claims on the Multilateral Investment Guarantee Agency (MIGA) in accordance with paragraph 59 of the document International Convergence of Capital Measurement and Capital Standards, A revised Framework, June 2004 (Basel II Framework). MIGA will be included in the list of multilateral development banks as set out in footnote 24 to paragraph 59 of the Basel II Framework.
 


© BIS - Bank for International Settlements


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