I am confident that today’s conference will further clarify the role that each of us has to play in this important phase of European integration, and I look forward to continuing to work on it together. Thank you very much for your attention. 2  BIS central bankers’ speeches
For the purpose of determining the provisions that may be counted towards capital, in addition to calculation of dynamic provisions based on downturn LGD, banks would also be required to compute dynamic provisions based on normal LGD on notional basis.