Basel, Switzerland, August 4 - Many countries are motivated to adopt the complex Basel II upgrade of international rules for bank safety, whatever their reservations, by the need to show global markets their adherence to best practice.

BRUSSELS, August 9 - Yet another controversy has emerged in the tangled saga of the much disputed IAS 39 accounting rule on valuing financial instruments that\'s bitterly opposed by some European banks.

BRUSSELS, August 11 - The European Commission has sent the completed details of its controversial proposal for the partial endorsement of the disputed IAS 39 accounting rule on valuing financial instruments to a key Commission committee for review.

LONDON, August 20 - Here\'s a GRR round-up, amid the August doldrums, of some recent news on risk-based regulation in the US and Europe:

Policy guidance on complex financial transactions triggers strong reaction. Banks resist being turned into financial policemen By Melvyn Westlake

Hector Sants, senior official at Britain\'s Financial Services Authority tells GRR the June 26 accord must be viewed as \"final\" By Melvyn Westlake

Regulators\' letters to lawmakers indicate risk-sensitive rules likely for smaller banks. No op risk changes for Basel II banks

Over 100 countries may adopt new bank capital rules, but regulators are anxious that they know what they\'re doing. Here we provide a regional roundup of the possible participants

Banks in the six Gulf states are forecast to adopt new capital accord. High profits and strong capital ratios ease the way

OTTAWA - Domestic Canadian banks with total regulatory capital greater than Can$5 billion (US$3.85 billion), or with international assets or liabilities exceeding 10% of the bank\'s total, will be \"expected\" by supervisors to implement the most advanced credit risk measurement under the new Basel capital adequacy accord.