Latest articles from Staff

Newsletter Apr 2005: EU reinsurance law set for summer adoption

BRUSSELS - The EU\'s Reinsurance Directive now appears to have gained sufficient support both in the European Parliament and among governments in Council, to be adopted by the summer, allowing reinsurers to treat the 25-country bloc as a single market, and creating a harmonised system of supervision for the industry.

Newsletter Apr 2005: QIS 5 details confirmed

BASEL, Switzerland - Global banking regulators confirmed in late March their plans to undertake between October and December this year a fifth quantitative impact study -QIS 5 - into the effects of the complex Basel II upgrade of international capital rules for bank safety.

Newsletter Apr 2005: Key risk indicator service

PHILADELPHIA, Pennsylvania - The Risk Management Association (RMA) and RiskBusiness have entered into an agreement with enterprise risk management specialist Algorithmics to develop a joint external loss event/key risk indicator service

Newsletter Apr 2005: McCreevy puts credit rating agencies on watch

DUBLIN - The importance of the role of credit agencies is enhanced by the provisions of the international Basel II rules for improving bank safety, Europe\'s top financial regulator said in early April.

Newsletter Apr 2005: Making the best of regulatory overload

Three major, over-lapping sets of regulations will soon be hitting banks and investment firms. David Millar takes a look at the similarities between Basel II, Sarbanes-Oxley and MiFID

Newsletter Apr 2005: Basel II model cannot be cloned for insurers

Europe\'s Solvency II insurance regime is modelled on the new capital framework for banks, but is this causing confusion?

Newsletter Apr 2005: Matters of judgment

Australia\'s approach to insurance regulation has won admirers. Europe is watching closely. David Keefe meets Apra\'s Tom Karp

Email news Service April 2005 : Recent Basel II news: QIS 5 plans confirmed; US central banker says

April 3 - Recent statements on the planned Basel II rules for bolstering the solvency of the world\'s banking system include the following:

Email news Service April 2005 : Greenspan says Basel II will make US banks stronger

WASHINGTON, April 5 - Implementing the new Basel II global banking rules would make US banks stronger and safer, and were unlikely to harm their competitiveness, according to US Federal Reserve Board Chairman Alan Greenspan.

Email news Service April 2005 : European supervisors develop common reporting framework

LONDON, April 8 - Europe\'s banking regulators have developed a common financial reporting framework for banks designed to be consistent with new international accounting rules.