SYDNEY - Australian regulators are likely to lift their focus on agency risk management and corporate governance in the light of the first six months\' experience with the PAIRS rating system.

NEW YORK - Credit rating agency Fitch Ratings plans to meet global regulators, including the Basel Committee on Banking Supervision, with the aim of encouraging more disclosure of credit derivatives business, Fitch officials said in early March.

BASEL - Global banking regulators might have to take account of the fact that credit rating agencies appear to react to cyclical economic conditions when they change their assessment of the credit worthiness of a company.

Results from impact study show the major Australian banks could be among the biggest Basel II winners

With time pressing, American regulators continue multiplying the possibilities for bank capital reform. Basel IA option wins backing - By David Keefe

Mixed reaction to first of three initiatives aimed at changing the regulatory framework. Intense and vigorous wrangling now likely - By Melvyn Westlake

Industry issues ten principles for better regulation as authorities promise to engage in “dialogue.” Rethink by regulators provides opportunity to seek changes - By Melvyn Westlake

Allowing non-Basel II banks the option of remaining with the current Basel I capital rules, is probably the most noticeable feature of the latest US proposals for revising the safety regime for banks that won\'t be adopting Basel II.

An EU fact-finding exercise confirms overwhelming opposition to MiFID transparency rules for bonds. European Commission will act only on a compelIing case. Is self-regulation an answer? By Melvyn Westlake

NEW YORK – An ambitious initiative to create a global framework for the future design and enforcement of financial regulation was unveiled in mid-December by the Washington-based Institute of International Finance (IIF). The proposal for a comprehensive strategic dialogue between regulators and the finance industry was set out at a New York press conference by top US and European bankers. It includes seven key principles aimed at guiding relations between the two communities.