Switzerland
US tackles home-host issues caused by Basel II delay
US financial regulators are working with foreign bank supervisors to minimise cross-border implementation difficulties that might arise from the country’s delayed Basel II plans.
New York Fed picks up on confirmation issue
The New York Federal Reserve Bank will meet regulators and leading banks next month in an attempt to deal with backlogs of unconfirmed credit derivatives trades.
Basel II securitisation paper delayed
BASEL - The planned paper on asset securitisation in the context of the Basel II bank accord will not be published today as hoped, but is likely to be issued some time next week, global banking regulators said.
Key Basel II package expected tomorrow
BASEL – Global banking regulators plan to issue a package of documents on the Basel II bank accord tomorrow, including a key survey seeking information on how the complex, risk-based accord might affect banks around the world.
Swiss and UK banks set to win as Japanese lose in Basel II
Swiss and UK banks are poised to be the main beneficiaries of the proposed new regulatory capital Accord, Basel II, according to results from the Basel Committee on Banking Supervision’s quantitative impact study 2.5 (QIS2.5).