The evolution of prudential rules on credit risk  The Basel Committee has focused on the need to strengthen the set of legal rules safeguarding bank stability by defining capital adequacy requirements in greater detail, improving the structures and methods for the management of credit risk, reinforcing the discipline exerted on banking enterprises by the financial markets.
In June the Committee released a set of proposed revisions of the capital adequacy rules, asking for the comments of the banking industry with a view to their definitive formulation in the second half of next year. During the summer it distributed documents setting out best practices in credit risk management, disclosure requirements and supervisory activity.