Basel Committee
Challenging design
Comment
Feeling off-balance
Pension buy-outs
Korea and Singapore set the pace
Basel II
Asuntos internos
Basilea II
Plain English please
Complaints are reaching me about the way in which the US regulators have released the notice of proposed rulemaking (NPR). My sources point out that the advance notice of proposed rulemaking – released way back in those halcyon days of August 2003 – came…
The correlation debate
Retail Portfolio Risk
Promulgating pro-cyclicality
Collaboration between financial supervisors has never been higher. But as the regulation of banks and insurance companies becomes increasingly homogenised, fears are growing about the possibility that the new rules will increase the severity of a global…
A successor to VAR?
Regulators may be pressing banks to more rigorously stress test their portfolios, but when it comes to how hedge funds apply the technique, debate remains as to how and what they should be testing. John Ferry reports
Isda and IACPM endorse credit capital model
Lead trade associations have called for a credit capital model that calculates regulatory capital using an internal models-based approach.
Industry and regulators argue over Basel II NPR conservatism and competition
Arguments over how Basel II should be implemented in the US came to the fore at the US Senate hearing.
The road to Basel II
The new Basel capital Accord is creating headaches for banks around the globe. However, Middle Eastern institutions that offer Islamic banking products have even more hurdles to jump. By John Ferry
IIB survey provides nation-specific comparison of Basel II implementation
Survey results show particular differences from different countries implementing the Revised Accord.
BIS paper offers insight into the IRB use test
Principles outlining the BIS’ expectations for firms using the use test have been set out by the BCBS.
Basel II under hostile fire at FDIC conference
Basel II may be imperfect, expensive and a burden, but is the only solution available to the financial institutions, according to a number of speakers at the conference.
Congress “concerned” over US Basel II proposals
Congressmen state unease that Basel II may not effectively diminish operational risk in the financial industry.
Restrictive Basel II is a “regulatory tax”, says ABA
Conservative safeguards written into the NPR will prevent any benefits being realised, according to the leading trade association for banks in the US.
Highlights from the e-symposium
Yesterday’s e-symposium featured presentations from around the world on the state of Basel II implementation and outstanding issues. Following is a synopsis of what our speakers had to say.
State bank supervisors had demanded the standardised approach
The standardised approach was being requested by industry and state regulators long before four of the biggest banks went to Congress requesting its inclusion in the NPR.
FDIC to seek comments for standardised approach
The FDIC has bowed to industry pressure to include the standardised approach in the NPR, despite the Fed’s insistence that AMA is vital to safeguarding the financial system.
HKMA releases draft Basel II rules for consultation
The complete draft rules for implementing Basel II in Hong Kong have been published.
Exclusive: Read Letters and between Federal Reserve and US banking industry
BaselAlert has gathered a series of letters to the Fed and notes from the meetings between the Fed and industry regarding the Notice of Proposed Rulemaking for Basel II in the US.
US banks hostile to NPR in Fed meetings
Minutes written by Federal Reserve officials and letters written by trade associations highlight the strong differences of opinion over the shape of Basel II implementation in the US - especially over home-host issues.
A successor to VAR?
Strees Testing
US Basel II shambles rumbles on
Regulatory news