Capital Requirements Directive
Cad 3 - Against their will [full story]
Europe's asset management industry is chiding Brussels bureaucrats for trying to bury it under a mountain of Basel-inspired regulation, which could boost costs and capital charges.
Small firms welcome EU proposals
BRUSSELS - European investment firms welcomed the European Commission's decision to create a special regime for them in terms of the operational risk provisions of proposed new capital adequacy rules, according to trade bodies representing the firms.
Commission highlights weak points of op risk insurance
BRUSSELS - The European Commission highlighted in November major drawbacks to the use of operational risk insurance to reduce op risk capital charges, despite its readiness to explore a wider use of insurance than that proposed in the Basel II bank…
European asset managers gear up for CAD3
European asset management firms wanting to comply with the most sophisticated measurement method allowed in the revised Basel Accords—the advanced measurement approach (AMA)—must prepare now, as it requires them to have a whole set of advanced risk…
UK opposed to allowing wider op-risk insurance role in European capital rules
LONDON – UK regulators are opposed to the wider use of operational risk insurance to reduce capital charges under complex new European Union (EU) safety rules for banks and investment firms, regulatory sources said.
EU capital rules remain on tight deadline
LONDON – European Union (EU) plans for implementing the complex Basel II bank safety rules remain on a very tight schedule, but the issue today of a EU progress report is a positive step, officials at European banking organisations said today.
Europe considers wider op-risk insurance role in new capital rules
BRUSSELS - The European Commission confirmed today it proposes the possible recognition of operational risk insurance as a way of reducing capital charges in all three methods of measuring op risk in its new protective capital rules for banks and…
EU expected to report on Cad 3 progress next week
BRUSSELS – The European Commission is expected to give details on November 18 about how it intends applying the complex Basel II bank safety rules in the European Union, commission officials confirmed today.
EU expected to report on Cad 3 progress next week
The European Commission is expected to give details on November 18 about how it intends applying the complex Basel II bank safety rules in the European Union, commission officials confirmed today.
Europe allows wider role for op risk insurance in Cad 3 [full story]
BRUSSELS - European banks and investment firms would be able to use operational risk insurance to reduce capital charges in all approaches to measuring op risk under new European Union (EU) capital adequacy rules, banking industry and regulatory sources…
Europe allows wider role for op risk insurance in Cad 3
European banks and investment firms would be able to use operational risk insurance to reduce capital charges in all approaches to measuring op risk under new European Union (EU) capital adequacy rules.
Europe allows wider role for op risk insurance in Cad 3
European banks and investment firms should be able to use operational risk insurance to reduce capital charges in all approaches to measuring op risk under new European Union (EU) capital adequacy rules.
EU Cad 3 paper delayed to mid-November
The European Commission hopes to issue an update on progress with its complex third bank capital adequacy directive (Cad 3) in mid-November, a delay to its original plan to publish a paper in late October, a commission spokesman said.
EU Cad 3 paper delayed to mid-November
BRUSSELS – The European Commission hopes to issue an update on progress with its complex third bank capital adequacy directive (Cad 3) in mid-November, a delay to its original plan to publish a paper in late October, a commission spokesman said today.
UK operational risk policy backs enterprise-wide risk management
With comments on the UK regulators' operational risk paper due by October 31, IBM's Pierre Pourquery says the proposals go above and beyond Basel II.
Key Basel II package expected tomorrow
BASEL – Global banking regulators plan to issue a package of documents on the Basel II bank accord tomorrow, including a key survey seeking information on how the complex, risk-based accord might affect banks around the world.
UK expects EU countries to reopen Basel II arguments
LONDON – UK regulators expect that other European Union (EU) countries will try to reopen Basel II bank accord discussions within the EU framework, a senior UK supervisor said yesterday.
FSA urges UK banks to look hard at EU capital proposals
UK banks should look hard at a draft text of European Union (EU) capital rules that the European Commission plans to issue around the end of October, the UK’s senior financial regulator said today.
Regulator urges UK banks to look hard at EU capital proposals
LONDON – UK banks should look hard at a draft text of European Union (EU) capital rules that the European Commission plans to issue around the end of October, the UK’s senior financial regulator said today.
European fund managers seek united voice on EU laws
LONDON – Two leading trade bodies representing European fund managers are looking at ways of providing a united voice on European Union (EU) laws and rules affecting them, including the EU’s third capital adequacy directive or Cad 3.
European fund managers seek united voice on EU laws
Two leading trade bodies representing European fund managers are looking at ways of providing a united voice on European Union (EU) laws and rules affecting them, including the EU’s proposed third capital adequacy directive, Cad 3.
Basel II securitisation issues conclusion expected this week
Experts expect this week to finalise their proposals for handling the one major issue still outstanding in the complex Basel II Accord aimed at making the world’s banking system safer – the technically thorny question of how to treat the credit risks for…
EU wants Cad 3 study to look at bank lending to smaller companies
BRUSSELS – The European Commission said it launched a tender today for a study that would pay particular attention to the consequences for small and medium-sized enterprises (SMEs) of proposed new European Union (EU) banking capital rules.
EC wants Cad 3 study to look at bank lending to smaller companies
The European Commission said it launched a tender today for a study that would pay particular attention to the consequences for small and medium-sized enterprises (SMEs) of proposed new European Union (EU) banking capital rules.