Basel Committee
QIS 3: Banks can use internal pricing for standardised approach
BASEL II UPDATE
Reaping integration rewards
In the October issue of Risk, Clive Davidson discussed the integration of ALM and ERM technology. Here, in a second article, he profiles the firms that have tackled this project and reviews the challenges, advantages and pitfalls of the integration…
Letter to the editor: a response to Cosandey and Wolf’s Avoiding pro-cyclicality
From Thomas Garside, managing director, finance and risk management, and Christian Pedersen, senior manager, Oliver, Wyman & Company, London
RiskNews review
October’s leading stories from RiskNews. Breaking news on derivatives and risk management, see RiskNews – www.RiskNews.net
Banding together for SME credit risk analytics
Germany’s banking associations are taking a leading role in getting the country’s fragmented banking sector ready to comply with the Basel II capital Accord. Germany’s savings banks association, in particular, says it has internal ratings-based systems…
Basel II and pro-cyclicality
The main argument for making regulatory capital requirements more risk-sensitive is to improve allocational efficiency. But this may lead to intensified business cycles if regulators fail to take measures to prevent such an impact. In this first column…
Basel II asset securitisation paper issued
BASEL – Global banking regulators today issued their delayed working paper on the treatment of asset securitisations under the complex, risk-based Basel II bank capital accord.
EU Cad 3 paper delayed to mid-November
The European Commission hopes to issue an update on progress with its complex third bank capital adequacy directive (Cad 3) in mid-November, a delay to its original plan to publish a paper in late October, a commission spokesman said.
EU Cad 3 paper delayed to mid-November
BRUSSELS – The European Commission hopes to issue an update on progress with its complex third bank capital adequacy directive (Cad 3) in mid-November, a delay to its original plan to publish a paper in late October, a commission spokesman said today.
Basel II asset securitisation paper issued
Global banking regulators yesterday issued their delayed working paper on the treatment of asset securitisations under the complex, risk-based Basel II bank capital accord.
Delayed Basel II securitisation paper expected shortly
BASEL – Global banking regulators hope to issue very shortly the delayed discussion paper on asset securitisation in the context of the complex Basel II capital accord that’s aimed at making the world’s banking system safer.
Delayed Basel II securitisation paper expected shortly
Global banking regulators hope to issue very shortly the delayed discussion paper on asset securitisation in the context of the complex Basel II capital accord that is aimed at making the world’s banking system safer.
Fallacies about the effects of market risk management systems
This paper takes another look at allegations that risk management systems have contributed to increased volatility in financial markets, with the particular example of the summer of 1998. The paper also provides new evidence on the potential effect of…
BIS seeks replacement for Crockett
BASEL - The Bank for International Settlements (BIS), the so-called central bankers' central bank, said in September it had set up a committee to help find a replacement for BIS general manager Andrew Crockett who leaves the bank at the end of March next…
UK operational risk policy backs enterprise-wide risk management
With comments on the UK regulators' operational risk paper due by October 31, IBM's Pierre Pourquery says the proposals go above and beyond Basel II.
QIS 3 suggests Basel II op risk charges and insurance role
BASEL - The third Basel II quantitative impact study, or QIS 3, brings bankers up to date with the latest thinking of global banking regulators on the treatment of operational risk under the complex Basel II bank protective capital accord.
Avoiding pro-cyclicality
David Cosandey and Urs Wolf argue that, for small to medium-sized enterprises, Basel II is pro-cyclical because of a double-counting of the risks. They present two main directions for possible capital rules that would circumvent the pro-cyclicality…
No op risk surprises in QIS 3
BASEL - Some 265 banks in more than 50 countries were absorbing the contents of the key QIS 3 survey, which seeks information on how the complex Basel II capital pact would affect them, as Operational Risk went to press.
Basel to adopt flexible approach to point-in-time and business cycle ratings
NEW YORK - The Basel Committee on Banking Supervision, the architect of the Basel II capital Accord, will adopt a flexible approach to point-in-time and business cycle credit ratings used by banks when reviewing advanced internal-rating based approaches.
Basel to adopt flexible approach to point-in-time and business cycle ratings
The Basel Committee on Banking Supervision, the architect of the Basel II capital Accord, will adopt a flexible approach to point-in-time and business cycle credit ratings used by banks when reviewing advanced internal-rating based approaches.
Credit risk systems: Getting the risk right
The requirements of the new Basel Accord are prompting some banks in Asia to begin implementing sophisticated credit systems, but there are still some obstacles to overcome.
Release of asset securitisation paper delayed again
BASEL – Global banking regulators have delayed the issue of their working paper on the treatment of asset securitisation under the complex Basel II bank capital until late next week.