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.
The Nava-gator
Safe-keeping
Banks seek technology answers for Basel III
An uphill struggle
UK DMO stresses need for consistency
Consistency rules
Revised Basel III liquidity rules force Asia into uncharted territory
Uncharted territory
One-way collateral agreements with sovereign leave banks exposed
A call for collateral
Put your hands together
Put your hands together
The ORR Innovation Awards 2011
ORR recognises those in the operational risk management profession who are working to ensure op risk keeps developing, and that it stays high on management’s agenda
Nasdaq OMX to launch Nordic swap CCP
Stockholm-based service already has Swedish debt office on board. Launch planned for second half of 2011
Ernst & Young's Hank Prybylski discusses challenges banks face today
Global financial services risk management leader Prybylski discusses forecasting, risk appetite, and Basel III
Basel alone will not protect us: UK Treasury Committee’s Tyrie
UK Treasury Select Committee chair Andrew Tyrie says fundamental changes to the way banks are supervised a must; tripartite system left no one in charge
DBS risk chief fears Basel III liquidity rules still ‘not realistic’
Elbert Pattijn, chief risk officer at DBS in Singapore, believes modifications to Basel III liquidity rules made late last year may still fall short of industry requirements to meet the final regulatory definitions of high quality liquid assets.
Stressed VAR questioned by risk managers
Basel 2.5 capital charge incoherent and challenging to implement, say risk managers
Regulation
Special report
Fears over consistency of Basel III implementation
The power of peer pressure
The art of securitising CVA
Securitising CVA
Confusion over CCP default fund charge
CCP charge confusion
Basel III should aim higher on capital targets, says Bank of England
Discussion paper published by Bank of England and co-authored by external rate-setter David Miles suggests Basel III common equity requirements are too low
IIF’s Oudéa calls for G-20 taskforce for cross-border resolution
Institute for International Finance’s Frédéric Oudéa says G-20 taskforce will stir up political will for agreement on cross-border resolution
Revised CVA capital charge does not go far enough, say dealers
Modifications by the Basel Committee are welcomed, but further changes are needed, dealers claim
ECB opines on Basel countercyclical buffer
Central bank cautions against mechanical application of credit-to-GDP ratio for calibration
Basel III will cause ‘financial Darwinism’: BaFin’s Sanio
Top German regulator Jochen Sanio says Basel III will squeeze weaker banks, spur formation of large banking groups that will pose more systemic risk