It’s too soon for bankers to claim victory over capital rule revisions. Attention now focuses on September calibration disclosure By Melvyn Westlake

America's accounting rule-makers accused of undermining the path to internationally unified accounting. Withdrawal of proposals urged By David Keefe

Key reports conclude costs of moving to higher capital levels are relatively small while long-run benefits are significant

Getting the complexities of living wills and resolution issues right is now a major preoccupation for regulators and bankers By Nick Paraskeva

Agreement is finally reached on European supervision regime after months of wrangling. Powerful new bodies seen emerging

WASHINGTON – Pay and reward practices at wholesale banks have been significantly improved, but there’s been limited progress in the realm of information disclosure, according to an international survey of banks. “Despite the adoption of some notable best practices among the largest firms, disclosure is an area where progress has been slow,” a September report on the survey says.

LONDON – US and global accounting standard-setters are agreed on most of the issues relating to the thorny question of how to value insurance contracts, but disagree in two areas, according to a top international accounting rule-maker. Warren McGregor, a member of the International Accounting Standards Board (IASB), said the IASB is waiting to see how its US counterpart, the Financial Accounting Standards Board (FASB), will follow-up on the IASB’s latest proposals on insurance contracts.

LONDON. August 24 (Global Risk Regulator) – A more rational bank capital regime that extends across the global financial system is essential to reforms aimed at better aligning incentives and internalising the costs of leveraging and risk-taking by banks, top US regulator Sheila Bair writes in today’s UK Financial Times newspaper.

BASEL, Switzerland, August 18 (Global Risk Regulator) – Tougher capital and liquidity rules planned for banks in the wake of the global financial crisis are likely to have only a modest impact on aggregate economic output, according to international financial regulators.

WASHINGTON, July 31 (Global Risk Regulator) - International bank capital proposals were scaled back this week, but the extent of the easing has been overblown, according to the regulator of the largest US banks.