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.
'Contradictory' Basel III regulations causing market distortions
Implementation of regulation such as Basel III is causing unusual outcomes say market participants
Philippines 5% leverage ratio causes few ripples
BSP brings in one of the highest basic leverage ratios globally, but local firms are unconcerned
Deal of the year: Citi
Citi acquired at least a dozen commodity books from rival dealers in 2014
Barclays exec: NSFR is magnifying bank leverage
Liquidity ratio also creating extra costs for repo desks
The robustness of estimators in structural credit loss distributions
This paper examines the performance of MM, ML and OLS estimators through Monte Carlo experiments for various sample sizes and correlation values when the true data is from non-Gaussian processes.
UBS chairman slams ‘simplistic’ leverage ratio
Axel Weber says Basel III has not made the financial system better
Q&A: Finma’s Branson on Swiss banks and the Swiss franc
CS and UBS have "reshaped and resized", but risk to Swiss economy needs to be cut further
Leverage ratio begins to bite for forex derivatives
Capital-intensive rule for banks likely to hit clients with higher costs
In-depth introduction: Bonds
Interplay between rules could reshape demand for government debt
The hidden risks in dormant Basel III bond rule
Growing sovereign bond portfolios face new risks and mixed messages
EU commodity trading firms face capital punishment
Imposing CRD IV on trading houses, utilities and oil majors makes no sense
'Get used to it': central banks advise on liquidity risk
Central bankers fear buy side has not yet woken up to bond imbalance
Banks struggle to make strategy calls as rules pile up
Isda AGM: Interaction between some rules “very, very convex”, says Deutsche exec
Could a top prime exit the market altogether?
Credit Suisse seen as vulnerable as it cuts leverage in investment banking
Scott O'Malia: time for a regulatory time out
Isda chief calls for a pause in rule-making to "fix the errors"
ECB seeks end to capital carve-outs worth €130bn
On Thursday, eurozone bank supervisors will be asked to give up dozens of safe harbours
Q&A: the Bundesbank’s Andreas Dombret on small banks, big banks and shadow banks
Supervisors are “miles” from being able to monitor shadow banking risks, says financial stability head.
Bundesbank's Dombret: shadow banking oversight is “miles away”
Regulators may never be able to fully monitor risks created by shadow banking
Banks in India face CVA fees double European levels
The RBI's use of a conservative standard CVA approach is overly prudent, say dealers
Too many questions in Basel floor plans, industry claims
While standardised rules are being revised, banks say they can't make a call on floors
Nouy: Europe should keep 3% leverage ratio
SSM chair also wants to end rule opt-outs that make banks "look stronger than they really are"
Q&A: Finansinspektionen's Uldis Cerps on capital floors and too-big-to-fail
Floors framework should not overstate risk, says Sweden's bank supervision chief
Capital hit from death of 0% sovereign weight 'not enormous'
Banks would have to raise equity equal to 0.7% of current levels, ESRB finds
Basel will address leverage ratio threat to clearing
FAQ document to tackle treatment of segregated initial margin