256. Institutions engaged in syndicating leveraged transactions should implement internal standards …

Institutions engaged in syndicating leveraged transactions should implement internal standards and monitoring functions for these activities. Institutions should identify transactions subject to failed syndications — that is, transaction that were not syndicated within 90 days following the commitment date. Institutions should establish a dedicated framework to deal with these ‘hung transactions’ in terms of holding strategy, booking and accounting practices, regulatory classification and subsequent capital requirements calculation.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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