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 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
Basel Committee tweaks counterparty risk rules
Basel Committee makes alterations to counterparty credit risk rules
The Brazil experience
Changing the market structure
What Basel III means to us
What Basel III means to us
The impact of Basel III on systemic risk and counterparty risk
Market analysis: Basel III
House of the year: Deutsche Bank
Risk awards 2011
Bank risk manager of the year: Deutsche Bank
Risk awards 2011
Structured products house of the year: BNP Paribas
Risk awards 2011
Straley moves to Accenture to run risk management for Asia
Phillip Straley has left consultancy Ernst & Young to join rival Accenture where he will lead the risk management services division for Asia Pacific.
Securitisation may ease Basel III SME lending concerns
Credit conservation
Rules and regulation take centre stage at Asia Risk Congress 2010
Rules and regulations
Basel III won’t be a problem if implemented correctly, says Bank of England
Latest Financial Stability Report stresses importance of long transition to new rules, and concerns over central counterparty clearing
Basel Committee publishes final Basel III rules
The Basel Committee has finalised its Basel III package - but work in certain areas will continue into 2011
The limitations of using correlation in default prediction
Market analysis: Correlation and default
Market for CoCos could take years to develop, say Credit Institute panellists
Regulators may be sold on the idea of banks issuing loss-absorbing contingent convertible securities, but panellists at the latest Credit Institute event questioned whether there is a natural investor base for these instruments.
Banks look to securitisation of counterparty credit risk
Banks look to securitisation of counterparty credit risk
Basel to overhaul CVA capital calculation
Basel to overhaul CVA capital calculation
The end of the beginning for Basel III
Basel III: in your own time...