Basel III commitment in question, says ex-committee member


International commitment to the Basel III capital rules is becoming uncertain, a former member of the Basel Committee on Banking Supervision has warned.

"In our meetings last year, we were all committed to deliver and to go ahead," says Rudi Bonte, special representative for banking supervision at the National Bank of Belgium and a member of the Basel Committee from 1999 until March last year.

"Now, with the impact of the crisis in different countries - and the impact is different in Europe than

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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