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.
Banks battle for share of burgeoning Asia repo market
Basel III pushes US and European banks to Asia
Hedge funds argue against tougher rules at CFTC roundtable
Investors should be free to pick risky strategies, managers say
Basel III battleground for primes
Consolidation predicted among prime brokers following regulatory shakeout
Gold-plating will stay common, academic argues
Race to the top likely on Basel and other rules
Paquin: AIFMD a ‘concentrating catalyst'
Coping with complexity
Regulators demand hedge fund look-through transparency
Looking through
Nepal central bank cautious on Basel III counter-cyclical buffer
Central bank to study need for counter-cyclical buffer in a developing economy
Hedge fund of the year: Chenavari Investment Managers
With around $1 billion deployed in capital relief trades and the same amount in direct lending, Chenavari has found a sweet spot for investors - but a danger area for regulators
FI trading revenues expected to slide further – Risk.net poll
Fixed-income trading revenues will continue to fall in 2014, believe respondents to a Risk.net poll
India private sector banks start signing CSAs
Rising costs and flexible collateral approaches overcome India resistance to CSAs
India counter-cyclical buffer proposals a 'tax on banks'
India proposals for CCB has too narrow a focus
Europe looking 'dysfunctional and extreme' over Esma equivalency procedure
No guarantee of equivalence being granted to Asian clearing houses
More firms expect technology spending increase in 2014
Rising expectations
Review of 2013: Grave new world
From collapsing equity repo rates to footnote 88, and from the leverage ratio to new clearing house liquidity rules, the year has been full of surprises, many of them unpleasant. By the end of 2013, an industry that had seemed to be back on its feet was…
Risk technology rankings 2013: Regulatory revamps
Adapt and comply
Financial crime survey 2013
Sponsored survey analysis: BAE Systems Detica
ROE hurdles cause pricing impasse
In the Basel III world, traders know their business must deliver a target return on equity, or risk being shut down – but working out the capital cost, or benefit, of a trade at inception is so difficult that banks only have approximations to guide them…
Innovations to drive leadership in banking
Sponsored statement: J.P. Morgan
Italy follows Ireland in retaining AFS bond filter
Banca d'Italia proposes to allow its banks to ignore some government bond volatility
Osfi copies US CVA charge to protect Canadian banks
Canadian regulator wants its banks to compete on same terms as US rivals
Bank initial margin posting raises liquidation concerns
Initial fears
Capital or P&L? Deutsche Bank losses highlight CVA trade-off
Critics of Basel III’s credit valuation adjustment (CVA) capital charge have long warned it would produce perverse incentives. Now, in the form of a string of quarterly losses in Deutsche Bank’s CVA hedging programme, they believe they are being proved…