Basel III
WHAT IS THIS? Basel III is a set of bank soundness rules drawn up by the Basel Committee on Banking Supervision in response to the financial crisis. It hikes the minimum amount of capital banks must hold, introduces new leverage and liquidity ratios, and limits the use of internal models.
Profile: Credit Suisse's de Boissard on capital efficiency, Basel III and bank strategy
The adjustment bureau
Cutting Edge introduction: The origins of the standardised CVA charge
The origins of CVA
Model foundations of the Basel III standardised CVA charge
Model foundations of the Basel III standardised CVA charge
Sponsored forum: Inflation
Growth in an era of austerity
Bank of England to post collateral in OTC derivatives trades
BoE thought to be the first major central bank to change policy on collateralisation as it seeks to reduce dealer funding charges
Risk & Return Canada: CBA slams ‘regulatory risk’
Policy head at Canadian Bankers Association expresses fears about side-effects of regulation; other speakers complain about "alphabet soup" of new rules
JP Morgan loss was bungled attempt to cut Basel III RWAs, says Dimon
Loss-making unit's RWAs would have tripled under Basel III, JP Morgan chief executive says - but attempting to cut capital burden made its hedges more complex
US and EU banks face different Basel III floors
Regulators propose overhaul of US capital framework in long-awaited response to Basel III and Basel 2.5 - but there are differences to the European version of the rules
Basel’s bitter pill – Aaron Woolner column
Basel’s bitter pill
Australia weighs up illiquidity premium for insurer liabilities
Premium progression
Stress testing with fully flexible causal inputs
Stress testing with fully flexible causal inputs
China abandons early adoption plan for Basel III
China Banking Regulatory Commission drops plans to implement Basel Committee timetable early because of eurozone and domestic growth fears
Q&A: William Dudley on global CCP standards
Central counterparties are about to take centre stage in the revamped over-the-counter derivatives markets – a development that has given rise to a set of global principles for their management and supervision. William Dudley, president of the Federal…
Reviving securitisation: regulators send mixed messages
Reviving securitisation
Asian trade finance at risk from Basel III
Paul Harrald of Standard Chartered tells Asean Risk 2012 conference that Asian banks providing trade finance services will struggle to meet Basel III rules on leverage ratios
Asian banks disadvantaged by Basel Accord – Asean Risk 2012
The Basel III Accord has been framed purely to fix the failures in the US and European banking system and is placing an unfair burden on Asian financial institutions, according to speakers at Asean Risk conference.
Dealers pitch loan format for swaps as CVA dodge
Banks are offering to replicate the economics of OTC swaps in loan format - avoiding new capital and clearing rules
GRC special report: editor's letter
GRC interest heightens
Taiwan FSC builds towards Basel III
The vice chairperson of Taiwan’s Financial Supervisory Commission says Taiwan will be adopting Basel III but the regulator is still undecided on establishing a local central clearing house