Basel III
WHAT IS THIS? Basel III is a set of bank soundness rules drawn up by the Basel Committee on Banking Supervision in response to the financial crisis. It hikes the minimum amount of capital banks must hold, introduces new leverage and liquidity ratios, and limits the use of internal models.
How to fix the leverage ratio (by a prudential regulator)
“Embarrassing … ridiculous”: unnamed regulator lets fly at leverage rules
FCMs try to ‘off-board’ credit and commodity funds
Fee hikes are being used to drive out clients that hog capital
BOCI pushing RMB as collateral in commodity derivatives deals
Bank of China's Hong Kong subsidiary looks for global role – and to expand the use of the yuan
Top 100 Banks: losses fall in 2014
OpRisk database sees loss figures improve
Citi exec laments plight of the quants
Quant Congress USA: Quant departments have become “sterile” and “dumbed-down”
Standardised approaches pile up capital and data woes
Banks round on one-size-fits-all rules for market, credit and op risk
Cash is not king: unwelcome depositors seek new homes
Companies face more liquidity risk as Basel III prompts banks to reject excess cash
Big data and cloud computing are banks' next tech challenges
Bank technology needs continue to evolve
Philippines central bank to implement Basel III liquidity rules
Central bank governor says local banks ready for the LCR
US rules on foreign banks criticised by SRB’s König
Local holding companies are a “step in the wrong direction”, says European resolution chief
Chenavari exploiting opportunities in energy, Asia and liquid alts
Credit player launches Ucits European vehicle and eyes '40 Act funds
Forex Sefs face uncertain future amid regulatory delays
NDFs unlikely to migrate before 2019
Depositors feeling the pinch as banks bow to Basel III
Seven firms say deposit business is being complicated by LCR and leverage rules
'Contradictory' Basel III regulations causing market distortions
Implementation of regulation such as Basel III is causing unusual outcomes say market participants
Philippines 5% leverage ratio causes few ripples
BSP brings in one of the highest basic leverage ratios globally, but local firms are unconcerned
Deal of the year: Citi
Citi acquired at least a dozen commodity books from rival dealers in 2014
Barclays exec: NSFR is magnifying bank leverage
Liquidity ratio also creating extra costs for repo desks
The robustness of estimators in structural credit loss distributions
This paper examines the performance of MM, ML and OLS estimators through Monte Carlo experiments for various sample sizes and correlation values when the true data is from non-Gaussian processes.
UBS chairman slams ‘simplistic’ leverage ratio
Axel Weber says Basel III has not made the financial system better
Q&A: Finma’s Branson on Swiss banks and the Swiss franc
CS and UBS have "reshaped and resized", but risk to Swiss economy needs to be cut further
Leverage ratio begins to bite for forex derivatives
Capital-intensive rule for banks likely to hit clients with higher costs
In-depth introduction: Bonds
Interplay between rules could reshape demand for government debt
The hidden risks in dormant Basel III bond rule
Growing sovereign bond portfolios face new risks and mixed messages
EU commodity trading firms face capital punishment
Imposing CRD IV on trading houses, utilities and oil majors makes no sense