This report summarises the findings of an ad hoc working group that reviewed the academic literature relevant to the regulatory framework for the trading book. This project was carried out in the first half of 2010 acting upon a request from the Trading Book Group to the Research Task Force of...

This document is a compilation of the June 2004 Basel II framework, the elements of the 1988 accord that were not revised during the Basel II process, the 1996 amendment to the capital accord to incorporate market risks, and the 2005 paper on the application of Basel II to trading activities and...