WASHINGTON – Former US Treasury official Tim Adams will succeed Charles Dallara as managing director of the influential Institute of International Finance (IIF) on February 1.

BASEL – Global systemically important banks (G-SIBs) must meet new risk reporting requirements aimed at making fundamental improvements to the management of banks by January 2016 at the latest, world banking regulators said in January.

>Noyer’s second term will commence on March 7 after the expiration of his current term. He first assumed chairmanship of the BIS, the international institution often dubbed the central banker’s bank, in March 2010.

BASEL - Global regulators should hold-off from completing their guidance on recovery and resolution plans until non-bank G-SIFIs – non-bank global systemically important financial institutions – are identified, according to the leading body representing the world’s top banks, insurers and securities firms.

PARIS – European regulators are consulting on guidelines intended to underpin the right of derivative market users to choose any clearing house irrespective of where they execute their trades – a principle known as interoperability. This proved a very contentious matter during the negotiations of the EU’s European Markets Infrastructure Regulation (EMIR), which was finally agreed early last year.

BASEL – Global banking regulators have asked a task force to look further in the New Year at ways in which the regulatory capital aspects of the international Basel III bank reform package might be simplified without altering its underlying aims, regulatory sources say. The Group of Governors and Heads of Supervision (GHOS), the body that oversees the Basel Committee of global banking supervisors, said in January the continuation of work examining the comparability of model-based internal risk weightings and looking at the appropriate balance between simplicity, comparability and risk sensitivity of the regulatory framework is a priority for 2013.

With G20 hopes for global accounting hanging in the balance, banking regulators want rule-makers to settle their differences By David Keefe

Concern grows on both sides of Atlantic that global measures to tackle risky insurers are on wrong track; industry isn’t happy Insurance regulators on both sides of the Atlantic fear that policy measures proposed for systemically important insurers could have unintended consequences, including the distortion of international competition.

American regulators give nothing away in their dialogue with Europe on supervising transatlantic insurers. Differences fudged

Changes to proposed liquidity framework prove more extensive than expected. They please bankers, but are also sensible, say experts By Melvyn Westlake