Capital Requirements Directive (CRD)
Oversubscribed CLO points to returning Asian risk appetite, more CLOs expected
Standard Chartered's most recent Start deal proved oversubscribed, suggesting a returning credit risk appetite in Asia. Meanwhile, more CLOs are expected this year.
Cebs offers advice on changing AMA models
Cebs offers advice on changing AMA models
The end of the beginning for Basel III
Basel III: in your own time...
Basel Committee doesn’t have the last word, vows Othmar Karas, MEP
European Parliament’s rapporteur for CRD IV suggests Basel III will hit European banks hardest and adjustments will be needed when the standards are transposed into European law
UK FSA’s new standardised approach paper not just for TSA firms
New paper from the UK FSA sets out guidelines for TSA operational risk frameworks
FSA consults on remuneration disclosure requirements
New consultancy paper from the UK FSA requires all firms to disclose their remuneration methodology under CRDIII.
European Parliament sets up future Basel III flashpoints
European Parliament sets up future Basel III flashpoints
Financial industry raises problems around remuneration framework at Cebs hearing
The remuneration proposals for EU banks would make it difficult for banks to recruit and retain people in Asia, and create large personal tax liabilities
UK FSA expresses concern about excessive EU rules
Financial Services Authority's Dan Waters says regulators should gather more information about the systemic risks hedge funds pose
FSA worried over excessive EU rules while firm on proportionate solution for hedge fund pay
UK regulator worried heavy handed rules will drive hedge funds out of Europe, depriving supervisors of information on their European activities
IIF: banks must do better on disclosing pay practices
Regulatory requirements in the US and Europe mean banks now have tougher pay standards to comply with
Asset managers feel the op risk pressure
Increased regulatory scrutiny combined with investor demand for better transparency and corporate governance standards is driving improvements in the way operational risk is managed at asset and fund management businesses since the events of the…
FSA revised pay code ‘tightens the screws’ on remuneration
New UK bonus rules are widened to cover thousands more investment firms
Banker bonuses cut by EU amendments to CRD...
...and US issues supervisory guidance
Europe hikes capital rules, slashes banker bonuses
Legislation adopted by European Parliament requires banks hold up to four times more capital to protect against trading risk; half of bankers’ bonuses to be paid in contingent capital
Hedge funds caught in EU Capital Requirements Directive
New European Union compensation rules affect hedge funds before AIFM comes in force
Sheen: The FSA's go-to guy for op risk
Andrew Sheen at the UK Financial Services Authority has rapidly become one of the most respected experts in operational risk, perhaps due to his clear vision of where the profession needs to go and what it must do to get there.
FSA seeks to enhance op risk frameworks
UK regulator moves forward with its work stream focusing on raising the bar for TSA firms
EBF urges restraint on remuneration regulation to protect EU competition
An EBF report calls on EU governments to hold back on punitive reforms to banking bonuses because they may threaten the competitiveness of EU financial centres
Liberal Democrats plan unilateral approach to bank pay reform
Lib Dem leader Nick Clegg has committed his party to punitive unilateral bank bonus regulations in the UK election race.
Cebs issues guidelines on capital adequacy of cross-border banks
Regulator seeks consistent approach to capital requirements across the European Union.
Road to transition
For a moment it looked as if the post-crisis drive for reform was losing momentum. But the Basel Committee on Banking Supervision has established working groups to keep the industry focused, and to propose ways to keep moving forward
