LONDON – International accounting standard-setters are consulting on revising the concepts that underlie the preparation and presentation of financial statements.

SEOUL – The bigger South Korean banks are not expected to have much difficulty achieving the minimum Basel III capital requirements, but may have to make more of an effort to meet additional buffer requirements, notably the surcharge levied on banks deemed to be domestic systemically important banks (D-SIBs).

Banking regulators have issued a plethora of studies and consultative papers since the June meeting of the standards-setting Basel Committee. Some of the papers are summarised below.

BASEL, Switzerland, July 18 (Global Risk Regulator) – International regulators today identified nine big insurers as potential risks to global financial stability. They will be subject to additional rules and oversight. The aim is to help to help ensure that taxpayers won’t have to bail them out if they were ever to get into trouble.

WASHINGTON, July 9 (Global Risk Regulator) - US regulators plan to force the country's largest banks to hold twice as much equity capital as required globally and protect taxpayers against any future costly bailouts.

BASEL, Switzerland, July 8 (Global Risk Regulator) – Re-assessing the balance between capital requirements, supervisory review and disclosure in global banking rules could be one way of improving the effectiveness of the measures, according to global regulators.

BASEL, Switzerland, July 5 (Global Risk Regulator) – A key study by global banking regulators shows that capital held by leading banks against long-term credit risk varies significantly across banks to an extent broadly similar to that found earlier this year, to the deep embarrassment of the authorities, for shorter-term trading exposures.

European agreement on handling insolvent banks will be milestone in completing reform agenda. It's key to ending ‘too-big-to-fail’ problem by Melvyn Westlake

Reform of banking regulation is adding to an already rising demand for quality collateral. But as markets adapt, new risks may emerge

EU Commission consults on options for separating banks’ trading activities from deposit taking. Much resistance is likely By Melvyn Westlake