Basel II
Basel bonds Canada
The largest Canadian banks have banded together to share default data, making it much more likely they will all qualify for the most advantageous regulatory capital approach under the Basel II capital Accord.
Asian banks face hedging threat
Hong Kong - The Basel II bank capital adequacy accord could stop Asia's banks from hedging risk, resulting in their being shut out of the global banking system entirely, says Paul Sheehan, Hong Kong-based co-head of Asian bank research at US investment…
EU urged to recognise different op risk profiles of investment firms
MONTE CARLO - The European Union's plans to make investment firms as well as banks reserve capital against operational risk must acknowledge that one size does not fit all firms in the financial services industry, a leading European financial regulator…
Basel working group suggests "pragmatic" approach to credit risk expected losses
BASEL - A working group of the Basel Committee of banking supervisors has proposed "a pragmatic approach" to treating expected losses in arriving at a capital charge for credit risk under the internal ratings based (IRB) approach of the proposed Basel II…
Beyond Basel II - operational risk management comes of age
Integrated, enterprise-wide, operational risk management can offer much more than just regulatory compliance.
UK lags Europe for Basel II implementation
BRUSSELS - The UK financial services sector lags most of Europe in its state of preparedness for the implementation of the proposed new Basel capital accord for internationally active banks, dubbed Basel II, according to research by professional services…
Independent collapse highlights Basel II op risk insurance dilemma
LONDON - Some of the concerns of banking regulators about the effectiveness of insurance cover when operational disaster strikes a company could be illustrated by the plight of Independent Insurance, the UK general insurance group that collapsed in June…
The new Accord delayed
Implementation of Basel II has been delayed to 2005, and regulators are revising key elements of their proposals for a new Accord on bank capital.
Basel II seen as meeting key challenge
The Basel II banking accord is the latest and highly welcome example of how regulators and policy-makers are meeting one of the two key challenges facing them today, Bank for International Settlements (BIS) president Urban Bäckström said in June.
Regulators acknowledge change needed
Global banking regulators have conceded that certain areas of their Basle II bank accord proposals needed further adjustment in order to meet key objectives of the accord.
What the banking industry (and others) told the Basel regulators
The Central Bank of the United Arab Emirates said the op risk capital charge may be left to the discretion of the national supervisor, and should be based not only on quantitative factors, but should take account of qualitative factors. The Central Bank…
Basel II delay gives chance for other advanced op risk approaches
The year-long delay to the coming into effect of the Basel II banking accord means global banking regulators can study a broad range of advanced approaches to calculating an operational risk capital charge.
Basel accord brings segmentation issues for systems companies
Basel II will segment the market for firms providing IT services to banks.
Reconciling ratings
Basel II
Why Basel must brush-up on credit
Paul Kupiec of the International Monetary Fund argues that unresolved calibration problems remain with the new Basel Accord’s credit risk capital requirements – problems that may lead banks to make damaging risk decisions.
Data trouble
Regulators insist that they want a capital charge on banks’ operational risks. But the plan rests on the ability of banks to collect data and model the risks involved, and there’s a frightening lack of agreement on how to do that.
Reconciling ratings
How should internal credit ratings be calibrated to long-term default rates? This multibillion-dollar question is at the heart of the debate over Basel’s IRB approach. In thisarticle, Stefan Blochwitz and Stefan Hohl use simulations to demonstrate wide…
Basel II will be modified, says Canadian bank regulator
A survey of financial institutions’ views on the Basel II capital accord is expected to result in global banking regulators modifying some of the accord’s controversial aspects, according to a Canadian bank regulator involved in the survey.
Basel II accord makes op risk software this year’s hot topic
The sophistication of analytical software for managing operational risk will increase dramatically over the next year. Such was the message delivered by Charles Smithson, managing partner of financial consultants Ritter Associates, to the annual risk…
Moving to the centre
Basel II means banks will have to centralise the management of operational risk or lose out to competitors.
Risk transfer to insurers could threaten Basel II, warns UK central banker
Financial stability and financial efficiency could be undermined if the new Basel II capital adequacy rules proposed for banks are simply "arbitraged away" by the transferral of banking risks to insurers, according to a senior UK central banker.
Regulatory capital volatility
Basel II
Weighting for risk
Basel II
IRBapproach explained
Basel II