BASEL, Switzerland, September 10 (Global Risk Regulator) – Differences in regulatory outcomes stemming from the use of internal models may well outweigh whatever regulatory differences may exist in financial regulation, according to a top global banking supervisor.

Getting a deal on the MiFID II package in the current legislative term is a tall order. Several highly contentious issues may yet derail it By Melvyn Westlake

Global peer report on American financial regulation touches raw nerve with its proposal for greater Washington regulatory input By David Keefe

Germany's political leaders look determined to block the Single Resolution Mechanism – unless the EU treaty is changed By Klaus Engelen

A selection of news items generated by the American regulatory reform agenda

Two surveys of risk management in the financial services industry reveal greater conservatism. But will it be maintained?

St Petersburg G20 summit has received a wide-ranging update by the Financial Stability Board on the progress of reforms that leaders have previously demanded. A plethora of reviews, assessments and scorecards is being released, which are reported below and elsewhere in GRR Global regulators could be giving up on global resolution plans for banks that get into trouble, leaving capital requirements to local regulators.

BASEL – Far reaching plans for the regulation of securities financing transactions, including mandatory minimum margins (“haircut” floors), came decisively closer to implementation at the end of August. Regulators have targeted securities financing transactions such as sale and repurchase agreements (repos) and securities lending as part of their wider objective to strengthen oversight of the shadow banking sector and impose a more comprehensive framework of rules on it.

NORWALK, Connecticut – US and international accounting standard-setters will discuss together comments received on their separate proposals on insurance contracts but “to be honest we’ll have to see from there,” according to a top US rule-making figure.

SINGAPORE – The Monetary Authority of Singapore (MAS) is one of the first regulators in Asia to begin consulting on the adoption by its banks of the liquidity coverage ratio (LCR). This global minimum standard for liquidity risk is a key part of the Basel III framework agreed by the 27 members of the Basel Committee, including the island state.