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.
NY Fed's Dudley fears CCP capital 'cliff effect'
Supervisors should ensure the capital regime for cleared trades avoids a sudden leap in risk weights, says New York Fed president
Recovery and resolution diverting attention from real risks, expert warns
RRPs are distracting risk professionals, one legal expert says
Basel III blamed for aircraft financing drought
Aircraft industry struggling to obtain long-term financing – and some industry officials say Basel III is at least partly to blame
India state sector banks require $40bn capital infusion to combat Basel III shortfall
India finance minister proposes setting up a financing entity to help raise capital for state-owned banks through bond issuance
Basel III takes a bite out of aircraft and shipping finance
On the scrapheap
Different preferences create divided implementation of Basel III
A matter of taste
Isda 27th Annual General Meeting Chicago 2012
End in sight?
A turning tide for two-way CSAs?
A turning tide for two-way CSAs?
Tentative on G-20 timelines for OTC derivatives clearing
Tentative on G-20 timelines
Bail-in regimes will reduce demand for bank debt - Risk.net poll
Over three-quarters of poll respondents believe new resolution plans will hurt market for bank bonds - at a time when issuance needs to increase
Regulator Q&A: Grant Spencer, deputy governor, Reserve Bank of New Zealand
Despite New Zealand’s domestic banking sector escaping the worst ravages of the recent financial crisis, the Reserve Bank of New Zealand is not wasting any time in introducing the Basel III framework – but with a local twist
Treasurers highlight unintended consequences of regulation
Corporate treasurers complain about the unintended consequences of the proposed financial transaction tax, as well as clearing rules for OTC derivatives
BoE's Tucker: FPC capital powers 'won't be popular'
Attendees at ACT conference raise concerns about increased lending costs after Bank of England’s Tucker argues for powers to raise sectoral capital levels
Deleveraging fears overdone, says EBA chairman
Enria defends EBA's 9% capital buffer in New York speech
Credible capital: regulators prepare to tackle RWA divergence
Credible capital
A regulatory Catch-22: bail-in plans collide with Basel's NSFR
The funding squeeze
Banks look to cut corners on CVA computation
Cutting CVA corners
Italy could face more swap terminations
Italian politicians claim Morgan Stanley's swap termination in January will be a one-off - but dealers say Italy's debt office is subject to other clauses that could have the same effect
SIG to keep an open mind on RWA probe, says Himino
The Basel Committee’s standards implementation group has begun an investigation into RWA consistency, but chair Ryozo Himino says there might be good reasons for discrepancies
Liquidity swap activity will be driven by bank funding needs, say bankers
Banks’ long-term funding needs will drive demand for liquidity swaps with insurers