Basel members make progress on regulatory alignment
The international standard-setting body for banking supervision released details of member jurisdictions’ efforts to address shortcomings in implementing agreed risk-based capital, liquidity and systemic risk rules, which show that most countries are taking steps to harmonise their regulations – though some are dragging their feet.
The Basel Committee identified 32 ‘material findings’ – meaning areas in which local regulations deviated from agreed rules – across 19 member jurisdictions
More on Risk Quantum
Most read on Risk.net
- Libor leaders: ABP crafts blueprint for corporate Libor switch
- Libor leaders: how seven firms are tackling the transition
- Libor replacement: a modelling framework for in-arrears term rates
- Swaps data: a new era of competition in interest rate futures
- From memos to texts, algos fish for signals in-house
Back to Top