LONDON, September 14 (Global Risk Regulator) – Global banking regulators will have to look very hard in the light of the current financial market turmoil at what the capital charge should be in respect of loans sold on by banks, says Canada’s central bank chief.

BOURNEMOUTH, England, September 24 (Global Risk Regulator) – Britain’s finance minister, who last week committed taxpayers’ money to guaranteeing deposits at a stricken UK home loans bank, called over the weekend for effective regulation in international financial markets.

Top regulator sees financial crisis endorsing her concerns over need for strong bank capital as final US rule on Basel II still awaited. By David Keefe

Financial turmoil puts spotlight on rating agencies\' role in structured finance. Post-mortems and hearings in prospect By Melvyn Westlake

Wide support for a year’s delay in adoption of new capital rules. Reasons for postponement disputed. Drop in capital ratios By Melvyn Westlake

LONDON – When the Basel Committee’s key Policy Development Group (PDG) meets in London on September 20-21, bankers will be keenly watching to see if regulators have resolved the sharp differences blocking publication of draft principles for the treatment of banks’ trading book risks. Approval of these draft principles had been expected in July at the last meeting of the Basel Committee, the body of regulators that effectively sets international prudential banking standards. But this is thought to have been prevented by objections from German regulators worried about the possible impact on their banks.

LONDON – In a major step in the move to Principles-Based Regulation,

LONDON – Key differences in the prudential treatment of capital for the banking, insurance and securities sectors can have an impact on the amount and composition of regulatory capital held by Europe’s financial conglomerates. And, these differences may create distortions and influence the placing of assets and transactions within conglomerates.

LONDON – A group of heavyweight financial services trade associations has delivered a hard-hitting response to the June consultation paper that opened the debate on reform of the EU’s large exposure rules, aimed at preventing banks from lending too much to individual borrowers. The consultation paper was issued by the London-based Committee of European Banking Supervisors (CEBS), the body charged with advising the European Commission on banking regulation.

TOKYO – Japan is accelerating the convergence of its accounting rules with international rules in the light of the growing acceptance of International Financial Reporting Standards, or IFRS, in major economies throughout the world, according to an early August agreement.