Capital Requirements Directive (CRD)
CEBS offers technical advice on CAD
New consultation paper published on proposals on options and national discretions in the Capital Requirements Directive
Finding a balance
Large Exposures
EC outlines changes to CRD
The European Commission (EC) has launched a public consultation on more than 50 technical changes to the Capital Requirements Directive (CRD).
EC consults on capital requirements changes
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Review of CRD expected by September 2008
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Banking on a more advanced approach
Banks must review their advanced measurement approach models if they are to experience a smooth transition under the new Basel II regime. By Thomas Kaiser, of consultants KPMG
Cross-border confusion
Europe's internationally active banks have until the end of this year to be fully compliant with the new Basel capital Accord, but a lack of clarity on cross-border implementation continues to cause major problems
FSA warns non-ISD firms to check if they fall under Mifid and CRD
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Devil in the detail
The systems and controls elements of the Markets in Financial Instruments Directive is the core of the EU legislation. Compliance officers and operational risk managers alike need to check the detail to ensure they don't get caught out in November…
CEBS out with additional technical guidance on concentration risk under Pillar 2
CEBS has published additional technical guidance on application of the supervisory review process under the Capital Requirements Directive.
Financial Services Authority issue latest guidance on Advanced Measurement Approaches to operational risk
FSA reinforce their commitment to full implementation of the AMA sections of the CRD
Time to get cracking on Mifid
I always find the purple and green backlighting that the Financial Services Authority uses on the stage sets at its events to be a bit disconcerting – something about the colour combination makes my eye ache.
Trade bodies slam FSA 'achingly difficult' guidelines to Basel II
Leading industry associations have called for the UK's Financial Services Authority (FSA) to make its handbook on the European Capital Requirements Directive (CRD) easier to understand.
Trade bodies slam FSA 'achingly difficult' guidelines to Basel II
Leading industry associations have called for the UK's Financial Services Authority (FSA) to make its handbook on the European Capital Requirements Directive (CRD) easier to understand.
A keen eye for convergence
Ellen Davis talks to Danièle Nouy, chair of the Committee of European Banking Supervisors about the CRD, Pillar III and divergence, along with other issues currently occupying the CEBS
FSA provides overview of approach to CRD
The FSA presented an overview of the authority’s approach to the Capital Requirements Directive (CRD) at its CRD implementation conference. Hector Sants, managing director of wholesale and institutional markets, highlighted the biggest developments in…
FSA releases second bulletins on CRD
The FSA has published its second set of Capital Requirements Directive (CRD) implementation bulletins for banks, building societies and investment firms. This newsletter aims to help institutions identify key points in the consultation paper, as well as…
CEBS defends record
LONDON – The accomplishments of the Committee of European Banking Supervisors (CEBS) over the past 12 months were outlined by Danièle Nouy, vice-chair of the organisation, at a British Bankers’ Association conference in London in mid-October. Although…
CRD timing in doubt
BRUSSELS – The timing of the EU’s Capital Requirements Directive (CRD) remained in doubt as members of the Committee of Economic and Monetary Affairs in the European Parliament submitted a whopping 887 amendments at the May 23 meeting.
CRD deadline fears
BRUSSELS AND LONDON – Concerns about the timing of the EU Capital Requirements Directive (CRD) are mounting as it is becoming clearer that delays – both due to procedural problems and disagreements related to the content of the directive – are likely to…
Trading Book review to be published in April
Basel II's Trading Book review will be published at the end of April, according to Dianne Moore, prudential programme leader at the UK's Financial Services Authority in London. The original target date for a consultation release, according to a document…
FSA releases latest paper on Basel II
LONDON -- At the end of January, the UK’s Financial Services Authority (FSA) released its newest consultation paper on Basel II implementation, CP05/3, Strengthening Capital Standards , along with a cost-benefit study of Basel II implementation, a…
CAD makes slow progress through Parliament
BRUSSELS -- The progress of the Capital Adequacy Directive (CAD) in the European Parliament remains slow. Although the European Commission (EC) was keen to have the legislation voted on before the summer, its introduction for official discussion has been…
Basel II package rapporteur named
Alexander Radwan has been named the rapporteur for the package of Basel II legislation winding its way through the European parliament.