US regulators outline QIS4 process

Federal Reserve sources say they hope to be able to collect the QIS4 results from the banks in mid-January 2005, then digest the results quickly enough to be able to issue a notice of proposed rulemaking (NPR) in June 2005. In the US, an NPR contains actual draft regulatory text for the implementation of Basel II in that country. The advance notice of proposed rulemaking, issued in July 2003, was more of a consultation exercise. US regulators hope to have final regulatory text in place for

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Counting down to dollar Libor transition

In a Risk.net webinar, experts discussed the impact of market volatility on Libor transition, the availability of term SOFR, developments in non-linear markets and management of forthcoming CCP conversions

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