Basel Committee
BCBS report provides overview of international Basel II developments
The 15th biennial report shows current and completed work at the BCBS and national supervisors.
FSI report shows country-specific plans for Basel II implementation in non-BCBS countries
The report updates 2004 global results for Basel II preparation.
Economic instability does not preclude banks from using IRB, finds FSI award winner
Valles’ paper on using a TTC rating system for credit risk allows developing countries to use IRB, even after a crisis.
Fernbach releases liquidity management solution
A software solutions provider has released an application that tracks liquidity exposure and identifies liquidity shortfalls.
IMF report praises Australian preparedness for Basel II
The IMF has released its September Financial System Stability Analysis on the Australian financial sector, and commends the country’s progress on Basel II.
Basel II may increase cyclical swings, says the adviser to the governor at the bank of England
Cyclicality was considered late in Basel II negotiations, and while it needs to be kept under review, it is too early to propose policy changes.
Main challenge to sustainable growth is regulatory convergence, says vice-president of the ECB
Faster and sustainable growth may be hindered if the ultimate goal of regulatory convergence is not met, according Lucas Papademos.
The correlation debate
In response to an article on asset value correlations for retail banking portfolios, published in the July issue of Risk, Ashish Dev of KeyCorp argues that the current Basel II rules are slightly too liberal for high-quality credit cards and overly…
SunGard appoints Nayak to head its Basel II business unit
A leading solutions provider for financial services has appointed a head of product development to its Basel II BancWare business unit.
US regulators to assess international differences in Basel II rules for fairness
Fed chairman promises to see if US version of Basel II imposes costs that outweigh the benefits to US banks.
BIS publishes current best practices in AMA for operational risk
BIS paper shows best practices for the key challenges of internal governance, data and modelling.
FSA will be ready to implement the bulk of the final CRD rules in two weeks
The FSA chief executive confirms that UK is set for Basel II implementation.
Australia suggests new guidance for AMA for operational risk
Apra has published its response to industry submissions to its approach to AMA for operational risk.
International South African bank selects Reveleus for AIRB calculations
Investec will use leading solutions provider to meet Basel II deadlines.
Concern continues over Basel II in US
US Congressmen have questioned the effectiveness of Basel II risk modelling, and complained that it puts US banks at a disadvantage.
Basel Core Principles changed to reflect need for international co-operation
The 1997 core principles have been updated to reflect the need for international convergence and sound financial risk practices.
Banking supervisors endorse new Basel Core Principles
International banking regulators, meeting in Mexico, have endorsed 25 updated Basel core principles for effective banking supervision.
Final guidance on Pillar II process for interest rate risk published.
CEBS has issued final technical guidance for supervisory review process for interest rate risk in the banking book.
Basel II goals for capital adequacy “achievable”, according to S&P report
QIS5 findings show Basel II stabilises regulatory capital and improves risk management, but will spur industry consolidation.
Basel II NPR Facing Overhaul In The US
Regulatory News
Concern continues over US Basel II
Regulatory Updater
Basel II under fire at FDIC conference
Regulatory Updater