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Results of the Basel III monitoring exercise as of 31 December 2012

“This report presents the results of the Basel Committee’s Basel III monitoring exercise. The study is based on the rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. The results of previous exercises in this series were published in March 2013, September 2012… Continue Reading

Federal Reserve Board issues interim final rules clarifying how companies should incorporate Basel III reforms into capital and business projections

News release: “The Federal Reserve Board on Tuesday issued two interim final rules that clarify how companies should incorporate the Basel III regulatory capital reforms into their capital and business projections during the next cycle of capital plan submissions and stress tests. Rules to implement the Basel III capital reforms in the United States were… Continue Reading

Report to G20 Leaders on monitoring implementation of Basel III regulatory reforms

“Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress in adopting the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its… Continue Reading

Basel III’s Capital Adequacy Requirements

Howard, Cory, ‘Under Pressure’: Basel III’s Capital Adequacy Requirements Squeeze Broker-Dealer’s Returns on Equity, Increase the Need for the Imposition of Uniform Fiduciary Duties (July 23, 2013). John Marshall Law Journal, Vol. 7, No. 1, Fall 2013, Forthcoming. Available at SSRN “The most recent round of international banking regulations promulgated by the Basel Committee on… Continue Reading

BIS – Revised Basel III leverage ratio framework and disclosure requirements – consultative document

Revised Basel III leverage ratio framework and disclosure requirements – consultative document – June 2013: “An underlying feature of the financial crisis was the build-up of excessive on- and off-balance sheet leverage in the banking system. The Basel III reforms introduced a simple, transparent, non-risk based leverage ratio to act as a credible supplementary measure… Continue Reading

Revised Basel III leverage ratio framework and disclosure requirements – consultative document

“An underlying feature of the financial crisis was the build-up of excessive on- and off-balance sheet leverage in the banking system. The Basel III reforms introduced a simple, transparent, non-risk based leverage ratio to act as a credible supplementary measure to the risk-based capital requirements. The leverage ratio is intended to: restrict the build-up of leverage in… Continue Reading

Basel Committee concludes assessment of Basel III capital regulations in Switzerland

“The Basel Committee on Banking Supervision has today published a report assessing the regulations that implement the Basel capital framework in Switzerland. The assessment team evaluated compliance of Switzerland’s domestic capital rules vis-à-vis international Basel capital standards through its Regulatory Consistency Assessment Programme (RCAP). The team held technical discussions with senior officials and staff of the Swiss… Continue Reading

Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform

“Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Finance Ministers and Central Bank Governors on progress in adoption of the Basel III regulatory reforms since the Basel… Continue Reading

Insurance and financial stability: a Basel view

Insurance and financial stability: a Basel view. “Prepared remarks by Jaime Caruana, General Manager of the Bank for International Settlements, before the International Association of Insurance Supervisors, Bottmingen, Switzerland, 20 March 2013. BIS General Manager Jaime Caruana speaks about the importance of the work that the International Association of Insurance Supervisors and the supervisory community… Continue Reading

Basel Committee publishes for consultation supervisory guidance on external audits of banks

Basel Committee on Banking Supervision Consultative Document, External audits of banks, March 2013 “The recent financial crisis not only revealed weaknesses in risk management, control and governance processes at banks, but also highlighted the need to improve the quality of external audits of banks. Given the central role banks play in contributing to financial stability,… Continue Reading

Basel Committee concludes assessment of Basel III capital regulations in Singapore

“The Basel Committee on Banking Supervision has today published a report assessing the regulations that implement the Basel capital framework in Singapore. Through its Regulatory Consistency Assessment Programme (RCAP), the Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework and analyses the quality of intended regulatory outcomes.… Continue Reading

BIS – Results of the Basel III monitoring exercise as of 30 June 2012

“This report presents the results of the Basel Committee’s Basel III monitoring exercise. The study is based on rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. The results of previous exercises in this series were published in April 2012 and September 2012.… Continue Reading