“The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) are co-leading a task force that will undertake a wide-ranging survey of securitisation markets worldwide. Established in consultation with the International Association of Insurance Supervisors (IAIS) and the International Accounting Standards Board (IASB), the cross-sectoral Task Force on Securitisation Markets will:… Continue Reading
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Search Results for: Basel Committee on Banking Supervision
Principles for effective supervisory colleges
“The Basel Committee on Banking Supervision has today issued final Principles for effective supervisory colleges. The guidelines replace the Good practice principles on supervisory colleges, which the Committee published in October 2010 with a commitment to revise them after a period of practical implementation experience Supervisory colleges play an important role in the effective supervision of international banking… Continue Reading
Review of the Pillar 3 disclosure requirements – consultative document
“The Basel Committee on Banking Supervision has today published for consultation a Review of the Pillar 3 disclosure requirements. The Committee has long recognised the importance of effective disclosure to enhance market discipline and thereby promote a safe and sound banking system. However, the existing Basel framework Pillar 3 disclosure requirements, in particular those related to risk-weighted assets (RWA),… Continue Reading
EBA publishes final draft technical standards, guidelines on methodology and disclosure for global systemically important institutions
“The European Banking Authority (EBA) published today final draft Regulatory Technical Standards (RTS) on the methodology for identifying Global Systemically Important Institutions (G-SIIs), final draft Implementing Technical Standards (ITS) on special disclosure rules applicable to G-SIIs, and final guidelines on special disclosure rules for large institutions. The identification of G-SIIs in the EU is aligned… Continue Reading
Disclosure Universes and Modes of Information: Banks, Innovation, and Divergent Regulatory Quests
Hu, Henry T. C., Disclosure Universes and Modes of Information: Banks, Innovation, and Divergent Regulatory Quests (May 26, 2014). Yale Journal on Regulation, Vol. 31, No. 3, 2014. Available at SSRN: http://ssrn.com/abstract=2442092 “In 2013, a new system for mandatory public disclosure came into effect, the first since the creation of the Securities and Exchange Commission (SEC)… Continue Reading
Supervisory framework for measuring and controlling large exposures – final standard
“This Basel Committee on Banking Supervision standard sets out a supervisory framework for measuring and controlling large exposures. The framework is scheduled to take effect from 1 January 2019 and will supersede the Committee’s 1991 standard on this topic. Since publication of the original standard, the financial system has changed dramatically. While many jurisdictions modelled their national rules… Continue Reading
Restoring confidence in banks
Restoring confidence in banks. Keynote address by Mr Stefan Ingves, Chairman of the Basel Committee on Banking Supervision and Governor of Sveriges Riksbank, to the 15th Annual Convention of the Global Association of Risk Professionals, New York, 4 March 2014. “The financial crisis, which began seven years ago, was in essence a collapse in confidence. It stress-tested… Continue Reading
Revised good practice principles for supervisory colleges – consultative document
“The Basel Committee on Banking Supervision has today issued a consultative document on Revised good practice principles for supervisory colleges. The Committee seeks to ensure that the principles remain fit for purpose and that they describe how high quality supervisory colleges typically function. The key changes include the following: Principle 1 now places greater emphasis on collaboration and… Continue Reading
FSB publishes its annual update of the group of global systemically important banks
“The Financial Stability Board is publis[ed] today its annual update of the list of G-SIBs, using end-2012 data and an updated assessment methodology published by the Basel Committee on Banking Supervision in July 2013. One bank – Industrial and Commercial Bank of China Limited – has been added to the list of banking groups identified as G-SIBs in… Continue Reading
BIS – Global systemically important banks
Global systemically important banks: information regarding the end-2012 exercise published by the Basel Committee, 11 November 2013 ‘In conjunction with the publication by the Financial Stability Board (FSB) of the updated list of global systemically important banks (G-SIBs), the Basel Committee on Banking Supervision has today published additional information regarding the G-SIB methodology. In accordance with the timeline set out in… Continue Reading
Fundamental review of the trading book – second consultative document
“The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the market risk framework. This initiative forms part of the Committee’s broader agenda to reform regulatory standards for… Continue Reading
Margin requirements for non-centrally cleared derivatives – final document
“The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released today the final framework for margin requirements for non-centrally cleared derivatives. Under these globally agreed standards, all financial firms and systemically important non-financial entities that engage in non-centrally cleared derivatives will have to exchange initial and variation margin commensurate with… Continue Reading
