Basel Committee on Banking Supervision (BCBS)
Caruana to join IMF
Jaime Caruana, chairman of the Basel Committee and head of the Bank of Spain until July 1, is to head a new department covering financial, capital market and monetary affairs at the International Monetary Fund (IMF) in Washington. The appointment begins…
Basel exec blasts home-host banks
NEW YORK – A Basel Committee executive blasted banks for not fully committing to their home-host projects and for using potential home-host difficulties as an excuse for not implementing Basel II as aggressively as they should.
US Basel II gone AWOL
Well, has Basel II finally ridden off the rails in the US? This seems to be the case. The inclusion of a new study on Basel II, to be conducted by the General Accounting Office, does rather seem to threaten the timetable that the US regulators announced…
Caruana to step down as Basel Committee chief
Jaime Caruana will step down as chairman of the Basel Committee on Banking Supervision in July, when his six-year tenure as head of the Spanish central bank expires.
Basel spotlights home-host and EL issues
Basel, Switzerland – The Basel Committee on Banking Supervision released two documents in late November, to provide the financial services industry with some additional clarity on both the home-host issue and the treatment of expected losses under the…
Basel Committee issues home-host sharing guidelines for Basel II
The Basel Committee on Banking Supervision has issued a consultative document on enhancing home-host information sharing guidelines for banking supervisors to set up a framework for the effective cross-border implementation of the Basel II capital Accord.
Apra exec defends modifications
SINGAPORE – An executive from the Australian Prudential Regulatory Authority (Apra) defended the supervisor's decision to dramatically modify its approach to the Basel II standardised approach in a discussion paper released at the end of July.
Basel Committee issues corp gov guidelines
BASEL, SWITZERLAND – The Basel Committee on Banking Supervision has issued sound corporate governance guidelines for banking organisations. The guidelines, open for public comment until October 31, are to supersede similar principles it issued in 1999.
BIS issues corporate governance paper
The Basel Committee on Banking Supervision has issued sound corporate governance guidelines for banking organisations. The guidelines, open for public comment until October 31, are to supersede similar principles issued in 1999 by the Committee.
Basel Committee issues QIS5 instructions
The Basel Committee has released instructions for the fifth Quantitative Impact Study (QIS5) for Basel II, to be conducted between October and December 2005.
Sponsor's article > AFS Perspective on Basel II and QIS 4:Where do we go from here?
U.S. federal banking agencies recently announced results of the fourth in a series of quantitative impact studies (QIS-4) designed to simulate implementation of the Basel Accord and measure the resultant impact on U.S.financial institutions' capital…
Basel Committee calls for dialogue on ERM
MONTE CARLO – Ryozo Himino, secretary general of the Basel Committee on Banking Supervision, called on bankers and regulators to engage in a constructive dialogue to achieve the dream of real enterprise-wide risk management, in a keynote speech at the…
Basel Committee releases final draft of banking compliance guide
The Basel Committee on Banking Supervision (BCBS) has released the final version of its compliance guide, which provides guidance on compliance using a principles-based framework.
Basel Committee releases final draft of banking compliance guide
The Basel Committee on Banking Supervision (BCBS) has released the final version of its compliance guide, which provides guidance on compliance using a principles-based framework.
Trading book proposals published by Basel Committee
Yesterday, the Basel Committee on Banking Supervision issued a paper outlining proposed capital requirements for banks’ exposures to certain trading-related activities—also known as the Trading Book Project. .
IIF executive blasts "conservative" Basel Committee
Yesterday at a press conference held at the Institute of International Finance´s spring membership meeting in Madrid, a vice chairman criticized recent decisions taken by the Basel Committe on Banking Supervision as overly "conservative."
Caruana calls for more banking industry support for Basel II
The chairman of the Basel Committee on Banking Supervision, Jaime Caruana, today called for more help from the banking industry in verifying that the Basel II framework is correctly calibrated.
Basel Committee set to shift on counterparty credit exposures
The Basel Committee on Banking Supervision is likely to bow to pressure from the banking industry and change the way it deals with counterparty credit risk.
Dynamic benchmarks
One of the biggest challenges in effective risk reporting is avoiding the trap of mind-numbing routine. David Rowe argues that dynamic benchmarks and exception highlighting are ways of keeping such reports relevant and useful, thereby maintaining…
CAD makes slow progress through Parliament
BRUSSELS -- The progress of the Capital Adequacy Directive (CAD) in the European Parliament remains slow. Although the European Commission (EC) was keen to have the legislation voted on before the summer, its introduction for official discussion has been…
Emerging markets failing to plug into AMA
Many financial institutions in emerging markets are struggling with the demands of modern risk management. And difficulties with AMA aren’t helping. By Choongo Moonga
Setting a timetable
Regulators in Australia and Japan are the latest to set deadlines for their banks to comply with Basel II, and both differ slightly from the Basel Committee’s schedule. Nick Sawyer reports
BIS names new secretary general
The Bank for International Settlements (BIS) today named Peter Dittus as its new secretary general for a five-year term. He replaces Gunter Baer, who has held the position since 1994.
Basel II realities kick in for emerging markets
The emerging markets might find compliance with the new Basel Accord a struggle, but ambitions are high. And the pressure is on for regulators to be seen to be adopting Basel II within the international community.