Latest articles from Staff

Email news Service December 2006 : US sets March 26 deadline for Basel II/Basel IA comment

WASHINGTON, December 27 (Global Risk Regulator) – US banking supervisors have set March 26 as the deadline for comments on their latest plans for implementing the Basel II bank safety plans and the so-called Basel IA revisions to the capital rules applying to the nation’s smaller banks.

Email news Service July 2006 : US and Europe closer than appears on Basel II

PARIS, July 5 (Global Risk Regulator) – The US and Europe are closer than appears on the implementation of the international Basel II bank safety rules, according to one of Europe’s most senior banking regulators.

Email news Service July 2006 : Canada’s Le Pan available for Basel II transition process

OTTAWA, July 16 (Global Risk Regulator) – Nick Le Pan, who last week surprised Canada’s financial sector by announcing his intended resignation as head of the country’s financial services watchdog body, has “offered to make himself available throughout the transition process” involved in bringing the international Basel II bank safety rules into effect.

Email news Service July 2006 : Formal Basel II NPR expected in August

PARIS, July 4 (Global Risk Regulator) – Agency review of the latest proposals for implementing the Basel II bank safety rules in the US is now likely to be completed in August, a top US banking regulator said today.

Email news Service July 2006 : Bernanke defends Basel II advanced approaches

WASHINGTON, July 19 (Global Risk Regulator) – US Federal Reserve chief Ben Bernanke today stood by plans that will restrict US banks adopting the controversial, international Basel II bank safety rules to using only advanced approaches to measuring their credit and operational risks.

Email news Service August 2006 : US sets September 5 for expected Basel II NPR approval

WASHINGTON, August 29 (Global Risk Regulator) – US regulators today confirmed September 5 as the date for a key board meeting that is expected to approve final proposals for implementing the controversial Basel II bank safety plans in the US.

Email news Service August 2006 : US Basel II NPR approval now seen in September

WASHINGTON, August 3 (Global Risk Regulator) – As US regulators received another appeal from bankers to allow US banks the option of using the simplest way of measuring credit risk under the international Basel II bank safety rules, it seems the timing of final supervisor approval of revised proposals for implementing the controversial rules in the US has slipped to September.

Newsletter Sep 2006: Washington regulators give ground on Basel II options

Bankers pleased by regulators request for comment on alternative risk measures, but say US Basel II version is still too conservative - David Keefe reports

Newsletter Sep 2006: US law to regulate rating firms likely within weeks

Bills in Congress are intended to increase competition in credit ratings industry. But some fear that ratings quality will be hit - By Melvyn Westlake

Newsletter Sep 2006: Bankers call for risk-sensitive EU rules on large exposures

A big gap exists between the regulation of large exposures and the banks’ own management of them, reveals a CEBS industry survey. Cross-border banks just want to use models - By Melvyn Westlake