WASHINGTON, October 15 - Meetings between European Union and US officials over controversial US plans to make European auditing firms register with US regulators ended without an expected agreement today.

Banks accept delays, but they want the Basel Committee to get a firm grip on the situation, David Keefe reports

Bankers fear the home/host issues raised by the advanced approaches to operational risk could lead to a mess

Time running out for US investment firms to meet European demands on group-wide supervision. New rules published

BRUSSELS, October 21 - European bankers and their supervisors will be studying in coming weeks the implications of the recent Basel II compromise for banks using the simpler standardised approach to assessing credit risk.

PARIS, October 26 - There may not be a completely satisfactory answer to the cross-border regulatory issues raised by the operational risk allocation problem in the Basel II upgrade of capital rules for bank safety, Basel Committee chairman Jaime Caruana said at the end of last week.

BASEL, October 27 - Bank directors must oversee management of a bank\'s compliance risk - the risk of sanctions, financial loss or damage to its reputation that a bank may suffer by failing to comply with laws, rules and standards.

LONDON, October 27 - An unusually strong attack has been made on a key part of the new Basel capital accord by European banking representatives. The attack has come in a paper sent by the British Bankers\' Association (BBA) to the European Commission in Brussels, which is preparing to introduce its version of the Basel capital accord into European Union law.

NEW YORK, October 28 - Global banking regulators want more talks on issues of mutual concern with accounting-setting bodies and private sector accounting professionals, Basel Committee chairman Jaime Caruana said yesterday.

LONDON, October 29 - Two groups of technical experts with the Basel Committee of banking supervisors are preparing a joint paper on the options for resolving the thorny group allocation problem in the operational risk aspects of the Basel II upgrade of capital rules for bank safety.