The call to end the accounting reconciliation requirement imposed on foreign issuers in the US is supported by most respondents to the regulators\' proposals

Latest twist in long saga would result in discrimination against non-US reinsurers, says critical European industry

As EU Commission prepares to unveil MiFID transparency rules for bonds, hearing reveals regulators and lawmakers split

LONDON – Regulators intend to ask major banks to undertake what some have dubbed a min-QIS – or quantitative impact study – to test the affect of proposed new rules on their trading books. The regulatory treatment of certain residual risks in banks’ trading books is one of the last outstanding issues left over from the negotiations that produced the new Basel capital framework (Basel II). That framework is starting to be adopted by banks in Europe and elsewhere – but not in the US – this year.

NEW YORK, September 27 (Global Risk Regulator) – Regulators from the leading economies are forming a working group to analyse the recent financial market turbulence and propose ways of enhancing market and institutional resilience.

UK has been likened to a banana republic for extraordinary events surrounding the rescue of Northern Rock

BRUSSELS – Chairmen and chief executives of Europe’s top banks and insurers are calling for a big improvement in the way that they are supervised.

LONDON – A final rule on implementing the Basel II bank safety rules in the US is expected to be published before Christmas and come into effect in the first quarter of 2008, US Office of Thrift Supervision (OTS) director John Reich said in early October.

BEIJING – Some Chinese banks are making significant progress with reforms, assisted by massive government-backed financial restructuring, improving regulation and strong domestic economic conditions. Public listings, consolidation, and minority stakes acquired by foreign strategic investors, are also helping to radically reshape China’s banking landscape.