Gaap, subordination and the cost of connection

The week on Risk.net, August 5–11, 2016

clock

GAAP  standards mean $50–100bn capital hit

TLAC subordination requirements loom in Europe

COUNTERPARTY risk plan raises compliance jitters

 

COMMENTARY: The connection problem

It was the turn of European banks to be alarmed this week, as they came to grips with a potentially costly new compliance requirement. The Basel Committee, aiming to enforce better visibility of cross-counterparty links and risks, suggested two years ago that banks should identify any control relationships between

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: