Basel Committee on Banking Supervision (BCBS)
Confidence crunch
Many financial institutions calibrate their required level of economic capital by considering the probability of default associated with a target debt rating. However, as the financial crisis has shown, confidence in a bank can erode before its Tier I…
The liquidity lifeline
The Basel Committee intends to introduce internationally binding liquidity standards, to include both a requirement for a liquid assets buffer and longer-term structural funding constraints. How will the measures be calculated and what will the…
Torrential reign
It never rains but it pours. International negotiations over the best way to regulate banks and financial markets continue, but bankers had better be prepared because much of what has been discussed in recent months will find its way into
Basel group agrees on banking crisis response
The Basel Committee’s oversight body has met to discuss key measures to strengthen banking regulation
The chemistry of compensation
Regulators across the world are clamping down on executive compensation in a bid to align employee remuneration with sound risk management principles. Despite the good intentions, many of the proposals could have unintended consequences. Peter Madigan…
Unlocking information
Throughout the crisis, banks have been criticised for failing to provide the quantity and quality of information needed for investors to gauge their financial health. But that trend could be reversed, with the Basel Committee zeroing in on disclosure as…
Ahead of the herd
The UK Financial Services Authority will finalise its new liquidity requirements by the end of the year, but certain aspects of the proposals remain highly contentious, and the regulator has been criticised for rushing ahead of the Basel Committee, which…
Provisioning for the future
A growing number of regulators have highlighted dynamic provisioning as a means of lessening pro-cyclicality in the financial system. José Mar√≠a Rold√°n, director-general of banking regulation at the Banco de Espa√±a and chair of the Standards…
A combined effort
Rather than running the business process and operational risk management frameworks in tandem, why not combine them and use one structure to comply with many rules? By Dennis Dickstein
Basel liquidity standards due in December
The Basel Committee on Banking Supervision is set to unveil quantitative liquidity requirements for public consultation at its quarterly meeting in December, the co-chair of the committee's liquidity working group has told Risk News.
Basel Committee releases Basel II capital enhancements
Daily news headlines
Central clearing will need new laws, Isda report finds
New laws will be needed in the US and Europe to support the introduction of central clearing of credit default swap (CDS) trades, according to a study published yesterday by the International Swaps and Derivatives Association.
Agencies aim to unite US with Basel liquidity risk standards
US regulatory authorities yesterday released proposed guidance on contingent funding and liquidity risk in a bid to bring US financial institutions into alignment with international liquidity standards.
Building up Basel II
In an exclusive interview with Risk, Stefan Walter, secretary-general of the Basel Committee on Banking Supervision, discusses everything from capital to pro-cyclicality, while outlining the reform agenda for Basel II. Rob Davies reports
Basel changes could "kill off correlation trading”
Proposed changes to the Basel II Accord’s trading book regime, due in early July, will make correlation trading uneconomical unless a compromise can be found, say dealers.