Basel Committee
Regulatory arbitrage: back to basics
Risk analysis
Federal regulators release QIS4 summary findings
The federal bank and thrift regulatory agencies have published the ‘Summary findings of the fourth quantitative impact study’ (QIS4).
Fundamental issues in op risk management
Misconceptions about certain key concepts are causing confusion throughout the industry. By Ali Samad-Khan, Armin Rheinbay and Stephane Le Blevec
Banks need to focus on Pillars II and III says Celent
Banks may be over-emphasising the requirements for Basel II’s Pillar I, which sets the standard for risk-adjusted capital adequacy ratios, while overlooking the importance of Pillars II and III, which cover topics such as corporate governance, according…
Labour of love
Emerging markets have been a recurring theme in Charles Dallara's career. Now, as managing director of the Institute of International Finance, one of his key focuses is to strengthen crisis prevention in emerging market economies. By Alexander Campbell
Could do better?
Some industry participants believe US supervisors' approach to Basel II implementation is flawed, according to a survey by OR&C . By Ellen Davis
Banks need to focus on Pillars II and III says Celent
Banks may be over-emphasising the requirements for Basel II’s Pillar I, which sets the standard for risk-adjusted capital adequacy ratios, while overlooking the importance of Pillars II and III, which cover topics such as corporate governance, according…
A different view on Basel II
Spain's banks are wary of jumping headlong into every aspect of the new capital Accord. But its fears appear justified, considering the country's risk profile. By Duncan Wood
OpenPages launches new solution
MASSACHUSETTS – OpenPages – the governance, risk and compliance management solutions company based in Massachusetts – has launched OpenPages ORM, an op risk management solution that enables banks to identify, measure and monitor operational risk at an…
Timetable chaos
US regulators' decision to delay Basel II by one year has frustrated international banks, causing some to reassess their global implementation plans. With the US regulators yet to release national implementation guidelines, bankers and supervisors are…
CEBS consultation paper "a disappointment"
LONDON – The financial services industry is less than pleased with the second consultation paper published by the Committee of European Banking Supervisors (CEBS) on the validation and assessment of credit and operational risk approaches.
QIS5 results delayed until June, says BIS
BASEL, SWITZERLAND – The results of quantitative impact study five will be delayed until June, according to officials from the Bank for International Settlements in Basel, Switzerland
Caruana to end stint as Basel Committee chairman
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. A Bank for International Settlements (BIS official says the Committee plans to discuss…
The Basel II Race
Accessing operational risk is vital for any bank that wants to reach Basel II compliance.
Citigroup adopts Reveleus' Basel II solution
Citigroup is to implement the Reveleus Basel II solution to support the global bank's US and international regulatory requirements under the Basel II Accord.
A case for convergence?
With Basel II regulatory capital becoming increasingly more risk-sensitive, the value of a separate economic capital system must be questioned. Christopher Hall of Risk Advisors considers the differences between economic capital and regulatory capital,…
Correlation - The energy price factor
Navneet Arora provides empirical evidence that significant correlations exist between the movements of commodity prices and the credit quality of firms in the energy sector
The great Basel II debate continues
Regulators have earned mixed reviews on Basel II implementation. By Protiviti's Angela Isaac and Cem Baydar
CEBS consultation paper "a disappointment"
REGULATORY UPDATE
Estate of grace
With-profits
The principles of the new Basel Accord
Economic capital
Timetable chaos
Basel II