LONDON, June 16 – The path was cleared today to settling at least part of the dispute over the IAS 39 accounting rule that’s marred the introduction of new international accounting standards in Europe.

NICE, France, June 22 (Global Risk Regulator) – US regulators are “zeroing in” on the dispersion of results among large, diversified US banks as a possible major cause of the surprising findings of a test of the potential effects in the US of the international Basel II bank safety rules, a top Federal Reserve official said today.

LONDON, June 30 (Global Risk Regulator) – Europe’s banking supervisors have issued for consultation their ideas on the principles for recognising a credit rating agency as a competent provider of creditworthiness assessments under the European Union’s version of the Basel II international bank safety rules.

LONDON, June 28 (Global Risk Regulator) – The global Basel II bank safety rules are on track for implementation on time in 2007 and 2008, according to the world’s top banking regulator as reported by Reuters news agency. But a US banking supervisor is unsure how differences between US and European regulators over the bank capital adequacy regime would be bridged, a separate report by the agency says.

Europe’s capital requirements directive jumps main hurdle as lawmakers compromise. US Senate to hold more Basel II hearings - By Melvyn Westlake

Europe’s finance industry is worried about the threat to flexible financial regulation posed by the EU constitutional crisis. David Keefe reports

New laws to regulate hedge funds will be resisted despite calls for European harmonisation. Redundant regulations may be scrapped by Melvyn Westlake.

Supervision has greatly improved since the mid-90s crisis. In some areas, it is best in the region, Mexican regulators claim

EU body sets guidelines for home-host supervisory cooperation, as 20 top finance leaders call for more radical solution

Spats between banking regulators and accounting rule-makers could become rarer as they cultivate a fresh approach