Pillar 3
S&P releases Pillar 3 guidance
Daily news headlines
Cross-border confusion
Europe's internationally active banks have until the end of this year to be fully compliant with the new Basel capital Accord, but a lack of clarity on cross-border implementation continues to cause major problems
The devil is in the detail, CP3 respondents tell Basel Committee
Comments on the op risk portions of the Basel Committee on Banking Supervision's third consultative paper (CP3) were supportive of the overall framework, but highly critical of specific details in the proposal.
Bank risk disclosure improving, says Basel Committee
A new report from the Basel Committee on Banking Supervision says that, overall, banks are improving their disclosure of credit, market, operational and other risks in their annual reports.
US central banker urges pillar 3 action now in light of scandals
Recent accounting scandals mean international banks should start improving their disclosure of risks and capital adequacy now and not wait for the pillar 3 disclosure provisions of the Basel II bank accord to take effect in late 2006, a senior US central…