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Home Archive for category "Basel III – International" (Page 6)
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European Banking Authority Publishes Assessment of Basel Pillar 3 Disclosures by Large EU Banks

Today, the European Banking Authority (EBA) published its assessment of the 2012 Basel Pillar 3 disclosures made by 19 EU banks.  The EBA concluded that overall, despite improvements in some specific areas, the banks’ compliance with disclosure requirements remains unchanged compared to last year’s assessment.  The report identifies examples of best practices that EU banks are encouraged to follow to improve the quality, consistency and comparability of their disclosures and their compliance with the regulatory requirements.

U.S. Pillar 3 Requirements:  Beginning in 2015, top-tier U.S.…  Read More

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UK Financial Policy Committee to Conduct Review Into Leverage Ratio

The UK Chancellor of the Exchequer has requested that the Bank of England’s Financial Policy Committee conduct a review into the role for the leverage ratio within the capital framework for UK banks.  The exchange of letters between the UK Chancellor of the Exchequer and the Governor of the Bank of England are included below.

In his letter, Mark Carney, the Governor of the Bank of England, stated that the Financial Policy Committee will publish some high-level considerations on the role of the leverage ratio within the overall capital framework in its Financial Stability Report on November 28, 2013.…  Read More

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Speech by Basel Committee Chairman: Strengthening Bank Capital – Basel III and Beyond

Today, Stefan Ingves, Chairman of the Basel Committee on Banking Supervision and Governor of Sveriges Riksbank delivered a speech entitled Strengthening Bank Capital – Basel III and Beyond.  Mr. Ingves stated that it is important that bank capital is seen to be of sufficient quantity, quality, consistency and reliability. These four characteristics are critical to the long-run credibility and success of the international capital adequacy framework.  Mr. Ingves concluded that:

“The Basel III reforms themselves deliver two of the four characteristics that I said were essential – higher quantity and quality of capital.…  Read More

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Basel Committee Issues Second Proposal on Fundamental Review of the Trading Book Capital Rules

Today, the Basel Committee issued a second proposal on the fundamental review of capital requirements for the trading book.

The first proposal, issued in May 2012, described a number of specific measures to improve trading book capital requirements.  The second proposal provides more detail on the approaches introduced in May 2012, and sets out a draft text for a revised market risk capital framework.

The key features of the proposed revised framework include:

  • A revised boundary between the trading book and banking book.
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Basel Committee Issues Consistency Report on China’s Implementation of Basel III

Today, the Basel Committee published a report on the regulations that implement the Basel capital framework in China.

According to the Basel Committee, China’s implementation of the Basel capital framework is closely aligned with the Basel III global standards: 12 out of 14 assessed components were found to be “Compliant”. The two components that were graded “Largely Compliant” pertain to the Standardized Approach for credit risk and Pillar 3. Although some differences with the Basel framework were found in these areas, none of the findings were judged to be material at this point.…  Read More

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Basel Committee Publishes Results of Basel III Monitoring Exercise as of Year-end 2012

Today, the Basel Committee published the results of its latest monitoring exercise relating to the impact of Basel III capital and liquidity reforms on banking organizations, based on data as of December 31, 2012.

A total of 223 banks participated in the current study, comprising 101 large internationally active banks (Group 1 banks, defined as internationally active banks that have Tier 1 capital of more than €3 billion) and 122 Group 2 banks (i.e., a representative sample of all other banks).…  Read More

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