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Email news Service September 2006 : Basel IA NPR expected within month

WASHINGTON, September 26 (Global Risk Regulator) – US regulators expect to issue their latest proposals for the so-called Basel IA capital rules within the next month, Office of Thrift Supervision (OTS) director John Reich told lawmakers today.

Email news Service September 2006 : Bankers again slam US Basel-II plans

WASHINGTON, September 26 (Global Risk Regulator) – US plans for implementing the Basel II bank safety rules could reduce the availability of affordable credit, adversely affect competition among banks, discourage progressive risk management and add to the already heavy costs of compliance, US senators were told today.

Email news Service September 2006 : Top state regulator sees Basel-II threat to US dual banking syst

WASHINGTON, September 26 (Global Risk Regulator) – Implementing the Basel II bank safety rules in the US as currently proposed could further erode America’s dual system of state and federal banking, a top state regulator will say today.

Email news Service September 2006 : US regulators face further Basel II quiz tomorrow

WASHINGTON, September 21 (Global Risk Regulator) – Top US banking regulators will tomorrow be quizzed again by lawmakers about controversial US plans for implementing the complex Basel II bank safety rules.

Email news Service September 2006 : Big banks fear operational problems from Basel II differences

LONDON, September 16 (Global Risk Regulator) – Differences between US proposals on the Basel II bank safety rules and the international Basel II framework could create significant operational problems for cross-border banks, top international bankers reiterated this weekend.

Email news Service September 2006 : US sets January 23 deadline for Basel II comment

WASHINGTON, September 25 (Global Risk Regulator) – The US has set January 23 as the deadline for comment on the latest proposals for implementing the controversial Basel II bank safety plans in America.

Email news Service September 2006 : Bankers slam cumulative conservatism of US Basel II plans

WASHINGTON, September 14 (Global Risk Regulator) – The ‘cumulative conservatism’ of US proposals for the advanced approach to measuring credit risk means the banking industry is likely to realise few, if any, of the benefits expected from the complex, risk-focused Basel II bank safety rules, a top industry representative told US lawmakers today.

Email news Service September 2006 : US official backs Basel II safeguards on eve of hearing

LONDON, September 13 (Global Risk Regulator) – Other countries, as well as the US, will have to address the likelihood that the advanced approach to assessing credit risk under the Basel II bank safety rules will result in substantial reductions in capital levels, a senior US banking supervisor said today.

Email news Service September 2006 : US Senate plans September hearing on Basel II

WASHINGTON, September 14 (Global Risk Regulator) – The US Senate banking committee has tentatively fixed September 26 for a hearing on the US implementation of the Basel II bank capital rules.

Email news Service September 2006 : Top US regulators testify this week on Basel II

WASHINGTON, September 12 (Global Risk Regulator) – Top US federal banking regulators will testify on Thursday, September 14, at a scheduled Congressional hearing on the latest US proposals for implementing the controversial Basel II international bank safety rules.