Basel Committee
Capital requirements for non-Basel II banks
WASHINGTON, DC – US banks that are not required to implement Basel II, and are not choosing to ‘opt in’ to it, will nonetheless be required to update their approach to capital calculation, according to regulators speaking at recent US events.
Basel hurries to clarify questions
BASEL, SWITZERLAND – Members of the Basel Committee on Banking Supervision are burning the midnight oil to try to resolve some difficult op risk issues before various jurisdictions are forced to finalise their Basel II rules to meet implementation…
Caruana calls for more banking industry support for Basel II
The chairman of the Basel Committee on Banking Supervision, Jaime Caruana, today called for more help from the banking industry in verifying that the Basel II framework is correctly calibrated.
US regulators to revise Basel I this summer, says Greenspan
This summer, US financial regulators will propose simple revisions to the current Basel capital rules (Basel I) that would mitigate any unintended and undesired competitive distortions created by Basell II, according to Federal Reserve chairman Alan…
Banks leapfrog the rating agencies
European banks are cutting rating agencies down to size with a new loan data pooling initiative. Dutch bank NIB is leading the initiative. By Nicholas Dunbar
Australia and Singapore lead Basel II implementation in Asia
Australia and Singapore’s banks are leading the Asia-Pacific region when it comes to the implementation of Basel II, according to a report released this week by Standard and Poor’s. But even banks operating in these countries face considerable challenges…
Australia and Singapore lead Basel II implementation in Asia
Australia and Singapore’s banks are leading the Asia-Pacific region when it comes to the implementation of Basel II, according to a report released this week by Standard and Poor’s. But even banks operating in these countries face considerable challenges…
China's largest banks prepare for Basel II
Increased competition and the desire to expand overseas is forcing Chinese banks to start preparing for the implementation of the new Basel Accord, also known as Basel II, according to supervisory officials in that country.
Basel hurries to clarify questions
COVER STORY
Capital requirements for non-Basel II banks
REGULATORY UPDATE
The private banking edge to Basel II
Bank capital
In defence of Coso
METHODOLOGY COSO REVISITED
La Poste battles for top spot
New angles
What banks can learn from Solvency II
Capital adequacy
Trading Book review to be published in April
Basel II's Trading Book review will be published at the end of April, according to Dianne Moore, prudential programme leader at the UK's Financial Services Authority in London. The original target date for a consultation release, according to a document…
In a muddle over MiFID
The EU’s Markets in Financial Instruments Directive (MiFID) has appeared like a bolt from the blue for most op risk managers. Should they be scared? By Duncan Wood
CEBS to create EU reporting standards
LONDON -- In January, the Committee of European Banking Supervisors (CEBS) launched a consultation on standardising certain aspects of financial reporting within the EU. It also announced a complete timetable for the various consultations it plans to…
FSA releases latest paper on Basel II
LONDON -- At the end of January, the UK’s Financial Services Authority (FSA) released its newest consultation paper on Basel II implementation, CP05/3, Strengthening Capital Standards , along with a cost-benefit study of Basel II implementation, a…
PD estimates for Basel II
One of the main issues banks will have to face to comply with the new Basel II internal ratings-based approach is to prove that the long-run average probabilities of default they assign to their clients, which will be used as the basis for regulatory…
South Africa could reduce capital reserves by 2% as a result of Basel II
The South African Reserve Bank hopes to lower its capital reserve requirements from the current 10% to 8% as a result of the implementation of the new Basel Accord, according to Carel Oosthuizen, head of Basel II implementation at the bank.
Exceptions to the rule
Rankings 2005
Setting a target for Basel II
Singapore and South Korea regulators set deadlines for Basel II
The Risk Awards 2005
Risk’s sixth annual awards highlight the institutions and individuals that have surpassed expectations in highly challenging and competitive markets, as well as recognising the achievements of a broader range of end-users of derivatives.
Financial Services Roundtable urges regulators to form working group for opt-in banks
The Financial Services Roundtable, a trade association of the 100 largest financial institutions in the US, has reiterated the need for regulators to form a special working group for Basel II opt-in banks.