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.
DBS risk chief fears Basel III liquidity rules still ‘not realistic’
Elbert Pattijn, chief risk officer at DBS in Singapore, believes modifications to Basel III liquidity rules made late last year may still fall short of industry requirements to meet the final regulatory definitions of high quality liquid assets.
Stressed VAR questioned by risk managers
Basel 2.5 capital charge incoherent and challenging to implement, say risk managers
Regulation
Special report
Fears over consistency of Basel III implementation
The power of peer pressure
The art of securitising CVA
Securitising CVA
Confusion over CCP default fund charge
CCP charge confusion
Basel III should aim higher on capital targets, says Bank of England
Discussion paper published by Bank of England and co-authored by external rate-setter David Miles suggests Basel III common equity requirements are too low
IIF’s Oudéa calls for G-20 taskforce for cross-border resolution
Institute for International Finance’s Frédéric Oudéa says G-20 taskforce will stir up political will for agreement on cross-border resolution
Revised CVA capital charge does not go far enough, say dealers
Modifications by the Basel Committee are welcomed, but further changes are needed, dealers claim
ECB opines on Basel countercyclical buffer
Central bank cautions against mechanical application of credit-to-GDP ratio for calibration
Basel III will cause ‘financial Darwinism’: BaFin’s Sanio
Top German regulator Jochen Sanio says Basel III will squeeze weaker banks, spur formation of large banking groups that will pose more systemic risk
Basel Committee tweaks counterparty risk rules
Basel Committee makes alterations to counterparty credit risk rules
The Brazil experience
Changing the market structure
What Basel III means to us
What Basel III means to us
The impact of Basel III on systemic risk and counterparty risk
Market analysis: Basel III
House of the year: Deutsche Bank
Risk awards 2011
Bank risk manager of the year: Deutsche Bank
Risk awards 2011
Structured products house of the year: BNP Paribas
Risk awards 2011
Straley moves to Accenture to run risk management for Asia
Phillip Straley has left consultancy Ernst & Young to join rival Accenture where he will lead the risk management services division for Asia Pacific.
Securitisation may ease Basel III SME lending concerns
Credit conservation
Rules and regulation take centre stage at Asia Risk Congress 2010
Rules and regulations
Basel III won’t be a problem if implemented correctly, says Bank of England
Latest Financial Stability Report stresses importance of long transition to new rules, and concerns over central counterparty clearing
Basel Committee publishes final Basel III rules
The Basel Committee has finalised its Basel III package - but work in certain areas will continue into 2011