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Basel II
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=== November 2005 update === On November 15, 2005, the committee released a revised version of the Accord, incorporating changes to the calculations for market risk and the treatment of [[double default]] effects. These changes had been flagged well in advance, as part of a paper released in July 2005.<ref>[http://www.bis.org/publ/bcbs118.pdf International Convergence of Capital Measurement and Capital Standards: A Revised Framework]</ref>
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