BASEL, Switzerland, July 18 (Global Risk Regulator) – Global banking supervisors today wrapped up unfinished Basel II business by issuing the rules that will apply to a bank’s trading activities and to so-called double default under the complex bank safety regime.

LONDON, July 6 (Global Risk Regulator) – Test runs of the international Basel II bank safety rules in the US and Germany show that supervisors will need to use their so-called pillar 2 powers and require banks to allot additional capital to absorb surprise losses from the risks they face.

KRAKOW, Poland, July 13 (Global Risk Regulator) – Global banking regulators expect to issue shortly a document on the treatment of banking trading book issues under the international Basel II bank safety rules.

EU bank regulators issue consultation on greater cooperation

BRUSSELS, July 13 (Global Risk Regulator) – Implementation of the global Basel II bank safety rules in Europe took “a major step forward” today as a key committee of European Union lawmakers approved the text of a draft law, a top European Commission official said.

Key meetings of EU lawmakers and Basel Committee this week

LONDON, July 5, 2005 (Global Risk Regulator) -- New capital rules to bolster the solvency of European banks will move significantly closer to becoming law across the 25-nation EU bloc next week if, as expected, a key parliamentary committee completes its scrutiny of the legislation by voting on a raft of amendments.

SINGAPORE, August 5 (Global Risk Regulator) – Singapore regulators today issued a consultation paper on phase 1 of their plans for implementing the international Basel II bank safety rules for banks incorporated in the city-state.

BRUSSELS, August 2 (Global Risk Regulator) – Further delays would be likely in drafting the framework law for Europe’s Solvency II insurer safety project if the latest postponement in the timing of a draft law were to reopen issues originally outside the scope of the project.

JACKSON HOLE, Wyoming, August 29 (Global Risk Regulator) – The US central banking system’s supervision and regulation activities, along with its monetary policy and payments system operation, will have to keep responding to technological change, Federal Reserve Board chairman Alan Greenspan said over the weekend.