Basel Committee
Reconstructing loan management
European banks are taking advantage of the benign credit environment to overhaul the way they manage their loan portfolios. With credit spreads at record lows, banks are increasing their use of credit derivatives for hedging. By Rachel Wolcott
Governor Susan Schmidt Bies speaks about American Basel II implementation
Speaking at the Institute for International Bankers Seminar the Governor sought to highlight recent US Basel II compliance developments
Out of the box
Data
Japan struggles with pillar 2
Basel II
Prociclicità a norma di legge
Rischio sistemico
Eine Frage der Aggregation
Ökonomisches Kapital
Strength in numbers
Asia Risk conference
Financial Services Authority issue latest guidance on Advanced Measurement Approaches to operational risk
FSA reinforce their commitment to full implementation of the AMA sections of the CRD
Monetary Authority of Singapore announce proposals for next stage of Basel II implementation
MAS set out their fourth consultation on Basel II and its requirements
CEBS Chair speaks at European Parliament hearing
Daniele Nouy speaks about the Committee's latest work on the Basel Accord
"Dear CEO" letters categorise firms under the CRD The FSA outlines the various classifications for firms governed by Basel II.
The UK regulator has published "Dear CEO" letters categorising individual firms in preparation of the Capital Requirements Directive (CRD).
Solvency II Developments: CEIOPS publishes consultations and questionnaires
The EU supervisors are seeking more comments on its “post-third wave” round of consultations.
Regional co-operation and micro and macro supervision are key to EMEA financial stability
Extra prudential pillars must bolster Basel pillars in Asian markets, says HKMA deputy chief executive.
Credit ratings will become problematic in the Asian bond markets under Basel II
The revised accord will increase the need for a regional credit rating system.
Treasury and FSA publish discussion paper on insurance group supervision
UK regulators aim to overhaul the insurance industry with a minimum of regulatory burden.
FDIC chairman seeks international leverage ratio
Bair believes BCBS should consider further capital safeguards.
Solvency II advice and consultations release
Activity is increasing on the directive, and consultations on the high-level principles have been issued.
ABA calls for extension of comment period for Basel II NPR
The leading industry association has asked US regulators to extend the deadline to comment on US Basel II rules.
Validating EPE
Empirical validation of trading credit exposure simulation models is clearly essential. David Rowe points out, however, that the process must differ significantly from traditional back-tests of VAR models
An aggregation question
Economic Capital