Basel Committee on Banking Supervision (BCBS)
FSA seeks to enhance op risk frameworks
UK regulator moves forward with its work stream focusing on raising the bar for TSA firms
Systemic risk regulators should direct policy not just give warnings, says HSBC's Haswell
Past experience suggests the new financial stability bodies should direct regulatory policies, not just warn about instability
Bankers question Wellink’s claim on Basel III economic impact
Bankers question how the committee chairman can accurately estimate the impact of Basel reforms.
Hybrid issuance suffers amid Basel confusion
High interest rates relative to other forms of debt make hybrid securities issued by banks an attractive investment opportunity. But with regulatory changes to what constitutes core capital looming, could hybrid issuance be on its way out?
Basel Committee’s Walter: Basel III on track
A package of reforms to the Basel II capital framework will be calibrated by year-end as planned, says secretary-general.
Basel III: kill or be killed
The Basel Committee is trying to prevent a repeat of the financial crisis with a package of new rules, but banks argue the cure could be worse than the disease. After spending the past two months filling out spreadsheets on the impact of the proposals,…
Waiting for CCP standards
Proposed standards for central counterparties clearing over-the-counter derivatives will be published in May, tackling contentious issues such as governance, margin practices and default management. Dealers are anxious to ensure the standards are…
Through-the-cycle haircut in securities financing likely, says senior regulator
Supervisors look to keep a firmer grip on securities lending haircuts to prevent asset bubbles from forming.
Banks call for Basel III rewrite as QIS exercise ends
The industry hopes the impact study will lead to a rewrite of proposed new rules on capital, liquidity and leverage.
To boldly go
Throughout its brief history, the operational risk discipline has been labouring under a limiting and perhaps inaccurate definition of what it is and what it should be covering. Op risk needs to broaden its remit across the enterprise if it is going to…
Isda AGM: Greek CDS reflects fundamentals, says UniCredit's Lim
High credit default swap spreads on Greece reflect real concerns, not speculation, and demonstrate the product's usefulness, Isda heard on Friday.
Swiss tighten liquidity rules for biggest banks
Swiss Financial Market Supervisory Authority and the Swiss National Bank clamp down on UBS and Credit Suisse through stricter liquidity regime
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.
What does VAR mean in 2010?
Value-at-risk figures fell across the industry in 2009, while exceptions dropped significantly from levels in 2007 and 2008. But discussion over what VAR figures actually show and how the numbers are interpreted by senior management continues. By…
Contingency plans
Following recent issues of contingent capital by Lloyds Banking Group and Rabobank, other firms are eyeing similar issuance as a means of meeting higher capital requirements in a cost-effective way. But the Basel Committee, which is due to discuss the…
A capital suggestion
To prevent another financial crisis, should regulators introduce more of the same – that is, greater capital requirements – or should they take a completely different approach and address corporate culture and behaviour instead?
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
Sigor finalises guidance on insurance as a mitigant
Guidance expected from the Basel Committee will make it more difficult for banks to claim capital relief through the use of insurance.
Basel QIS 6 a 'mini-LDCE'
The Basel Committee out with a mini loss-data collection exercise to track performance over crisis period