Basel Committee

Compromising on Basel II

As US banking regulators debate how much of the spirit of Basel II should be applied to small and medium-sized financial institutions, the banks themselves are stuck in no-man's land. Will 'Basel 1A' bring more certainty or more argument? John Ferry…

Pillars of wisdom

European insurance regulation is shifting from Pillar I rulebook to Pillar II dialogue. But the dialogue may be evolving into a poker game. Aaron Woolner reports

Who's buying?

Operational risk derivatives are being reconsidered as a solution to banks' distrust of op risk insurance policies, but the market for these is yet to develop. By Duncan Wood

Basel spotlights home-host and EL issues

Basel, Switzerland – The Basel Committee on Banking Supervision released two documents in late November, to provide the financial services industry with some additional clarity on both the home-host issue and the treatment of expected losses under the…

A pillar of solvency

Paul Sharma, head of policy for banking, insurance and securities at the UK's Financial Services Authority, talks about life at the sharp end of insurance reform. Nicholas Dunbar reports

New Swiss rules reveal hidden capital

Statutory or book reserve capital requirements, a mainstay of continental European insurance regulation, may come under pressure as practitioners digest the results of a field test of new solvency rules conducted by Switzerland's insurance regulator.

Clash of the regulators

As the pace of the Solvency II process to reform European insurance supervision quickens, British and French regulators have clashed over the use of market-consistent solvency requirements, to the alarm of proponents of risk-based supervision.

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