The standard on asset-liability management is the first of a suite of standards proposed in the IAIS roadmap.

Safeguards are needed to prevent Basel II capital declining too far in Europe, say academics. Mandatory system proposed - By Melvyn Westlake

Modelling op risk under the advanced measurement approach remains a challenge. Banks\' methodologies differ widely.

HONG KONG – Implementation of the Basel II bank capital rules will enhance the reputation and international standing of Hong Kong and its banks, Hong Kong Monetary Authority (HKMA) deputy chief executive William Ryback said in mid-August.

LONDON – The majority of financial services firms do not think credit rating agencies should be regulated. They think the system of self regulation through the adoption of a code of conduct has “been successful in achieving the objectives of promoting efficient, orderly and fair markets,” according to three leading British trade associations.

PARIS – The French securities markets regulator, Autorité des Marchés Financiers (AMF), is adopting a distinctly pragmatic approach to the local implementation of the Markets in Financial Instruments Directive (MiFID), the sweeping new law aimed at creating a single EU financial market. In a late-July consultation paper* the AMF sets out its guidelines for investment firms required to meet the MiFID’s “best execution” provisions – a key part of the new law, intended to protect the firm’s clients, particularly retail clients.

BASEL, Switzerland - The definition of ‘major operational disruption’ has been clarified in the revised version of global regulator guidance on business continuity to include in the list of possible trigger events some which may not cause widespread damage to the physical infrastructure, such as pandemics and technology viruses.

DALLAS, Texas – Banks in Texas with aggressive portfolios in terms of risk, and which rank low in terms of excess capital, could see some pressure from the increased capital charges that are likely to be required of them by the Basel IA bank safety rule proposals, according a Federal Reserve Bank of Dallas study.

Banks have learned risk-management lessons from the 1990s disasters and are getting stronger. Capital ratios are up

Banks are discovering that a risk-reward ratio exists even for operational risk. Regulators want to see this concept develop - Oonagh Leighton investigates