Feature
Deputy general manager of BIS says Basel II is key to financial globalisation and market discipline
Hervé Hannoun, deputy general manager of the BIS, has reviewed some of the main factors driving the internationalisation of financial services. Looking at the key challenges facing central banks in acting as a discipline multiplier, “Internationalisation…
Chairman of the Federal Reserve backs Basel II for all US banks
Chairman of the US Federal Reserve System, Ben Bernanke, has offered his support for US-wide implementation of Basel II. Speaking at the Independent Community Bankers of America National Convention this week, Bernanke asserted that although community…
Basel Accord could be the model for investment firms and insurance companies
Basel II could become the model for the regulation of investment firms and insurance companies, according to Mario Draghi, governor of the Bank of Italy.
FSA simplifies training and competence rules
The UK Financial Services Authority has confirmed that its detailed rules on training and competence (T&C) will not apply from next year to those individuals in financial firms who deal only with wholesale or non-private customers.
BIS paper finds international relations critical to financial stability
The Bank for International Settlements has released its perspective on the past 130 years of banking co-operation, collated from presentations at its fourth annual research conference in June. “Past and Future of Central Bank Cooperation” included senior…
Land of the Setting Exchanges
The Japanese exchanges have not had a happy New Year. Can they regain trust after a series of mishaps?
Kuwaiti banks most prepared in Middle East for Basel II
A banking specialist has found that Kuwaiti banks are the most prepared financial organisations in the Middle East to implement Basel II.
Singapore releases guidelines on risk management practices
The Monetary Authority of Singapore (MAS) has released a series of guidelines on risk management practices. The guidelines cover credit risk, market risk, internal controls and the role of an institution’s board of directors and senior management.
Three-pillar structure to be applied to EU insurance regulation
A discussion paper released by the Financial Standards Authority (FSA) and the Treasury confirms that the three-pillar structure will be applied to insurance regulation. ‘Solvency II: a new framework for prudential regulation of insurance in the EU’…
FSA publishes second consultation paper on Capital Requirements Directive
The Financial Services Authority (FSA) has released its proposals for implementing the EU Capital Requirements Directive (CRD). 'Strengthening Capital Standards 2' is the FSA's major consultation on this subject and includes the full set of draft…
Focusing on framework
special report: luxembourg
Automatic gear shift
technology
Mutually beneficial: Luxembourg's background gives it a hedge start
special report: luxembourg
Hedge funds' dynamic exposures to risk factors
academic paper
A house still divided?
sec regulation
Yield curve inverts, managers rejoice
global macro
Bermuda fights back
domicile law: bermuda
Uncle Sam is watching You
litigation
Luxembourg lays down the law but listens to the launch pad
special report: luxembourg
In a different class
Market view
End of the line for mass distribution?
Cover Story
Opting for LDI
Liability-driven investment