Dutch banking group ING is implementing OpBase, an operational risk loss event database developed by insurance broker and risk management consulting firm Aon.

Regulatory requirements such as the Basel II bank safety rules and the US Sarbanes-Oxley corporate governance law are driving substantial investments in information technology, a study released in October shows.

WASHINGTON, November 4 - Some 30 US banks have shown an interest in taking part in the fourth quantitative impact study - QIS 4 - into the possible effects on them of the Basel II rules for improving bank safety, according to US regulators.

LONDON, November 11 - The Basel II rules for bolstering the solvency of the global banking system \"cannot and should not be expected to create perfect harmonisation across all jurisdictions,\" according to the world\'s top banking supervisor.

NEW DELHI, November 16 - Global banking regulators do not expect the complex Basel II bank safety rules to be adopted as widely and as quickly as the current, simpler, Basel I rules that date from 1988, at least at the outset, the world\'s top banking regulator has said.

LONDON - Many bankers have been surprised by Basel Committee chairman William McDonough\'s upbeat initial assessment of this winter\'s crucial study into the likely impact of his proposed new capital regime for the world\'s banks.

SYDNEY, November 3 - Australia, as expected, will bring the international Basel II rules for improving bank safety into effect from a single end-2007 date rather than the staggered end-2006/end-2007 dates suggested by global banking regulators.

WASHINGTON, November 1 - US banking regulators have launched their scheduled fourth quantitative impact study - QIS 4 - into the effects on US banks of adopting the Basel II upgrade of international rules for banks safety.

WASHINGTON - The US Federal Deposit Insurance Corporation (FDIC) wants to demystify the complex Basel II bank capital proposals so that mere mortals among bankers can understand them.

Agreement on lead supervisors for new capital regime hailed as \"revolutionary.\" Banks fear it still leaves Europe at disadvantage By Melvyn Westlake