Latest articles from Philip Alexander

Bank capital rules for securitisations finalised

The Basel Committee has amended bank capital rules for securitised assets to ensure that adequate capital is held against all tranches of a transaction.

IMF seeks broader definition of shadow banking

A research paper by the International Monetary Fund suggests examining all non-core bank and non-bank funding sources, and finds they are a source of volatility.

'Little evidence' of insurers posing systemic risk

A report by the International Association of Insurance Supervisors acknowledges that non-traditional, non-insurance activities are the main source of systemic risk in the sector.

Industry asks for NSFR clarification

Banks are alarmed by the insertion of a stable funding requirement for derivative liabilities in the final version of the net stable funding ratio.

Bank of England urges improved stress test response

There were few surprises in terms of the resilience of UK banks to the stress scenario, but the Bank of England included some strong criticism of data accuracy and modelling practices.

Banks behind schedule on intraday liquidity monitoring

As many as 32% of banks have not even started a project to introduce intraday liquidity monitoring, even though the Basel Committee had hoped they would start to use the tools in January 2015.

Russian central bank suspends accounting rules

Russian banks will be allowed to prepare their 2014 financial reports based on an exchange rate calculated before the Russian rouble's recent plunge.

MetLife takes systemic designation to court

US insurer will contest the decision of the Financial Stability Oversight Council to assign systemic status based on size rather than specific activities.

Lawsky sheds light on bitlicence revisions

The New York department of financial services will allow start-up virtual currency companies to apply for a two-year transitional licence. 

Regulators explore macroprudential liquidity buffers

Researchers from the IMF and the Austrian regulator have proposed using a system-wide requirement to reduce the risks of liquidity squeezes in the banking sector.