Latest articles from Staff

Newsletter Nov 2003: Strong attack on EU rules for supervising banks

LONDON - An unusually strong attack has been made on a key part of the new Basel capital accord by European banking representatives.

Newsletter Nov 2003: On the move

BASEL - Ryozo Himino, previously director of international regulatory policies at the Japanese Financial Services Agency (JFSA), became secretary general of the Basel Committee on Banking Supervision on November 1.

Newsletter Nov 2003: Regulators want more talks with accounting bodies

NEW YORK - 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 in October.

Newsletter Nov 2003: Regulators ready to work on credit risk models for Basel III

LONDON - Global banking regulators are ready to start work as soon as possible on the possibility of incorporating full credit risk models in the Basel Accord capital rules for bank safety, Basel Committee chairman Jaime Caruana said in early October.

Newsletter Nov 2003: Oversight and disclosure are biggest benefits

LONDON -- Enhanced supervisory oversight and stronger market discipline through greater information disclosure should in time be the real benefits of the new Basel capital accord.

Newsletter Nov 2003: UBS heads risk disclosure league

HELSINKI - Swiss bank UBS is top of the European league table for bank disclosure of information about the risks involved in their operations, according to a new survey. The bank risk disclosure survey, carried out by Helsinki-based Stradea Consulting, covered 35 banks in 13 Western European countries.

Newsletter Nov 2003: To the letter, but not the spirit

UK insurance companies have improved their risk management, but some still don\'t see it as a core requirement and many haven\'t clearly defined their appetite for risk

Newsletter Nov 2003: IASB to meet on insurance standard delay

The International Accounting Standards Board (IASB) will consider its options at a mid November meeting now that the chances of having a fair value standard for insurance contracts ready for 2007 have virtually evaporated, IASB officials say.

Email news Service September 2003: Basel Committee has made no decision to delay Basel II

LONDON, September 11 - Global banking regulators have yet to decide whether a delay is necessary in the timetable for implementing the controversial Basel II upgrade of capital rules for bank safety, international regulatory sources said today.

email news Service August 2003 : Understanding for China\'s no decision on new capital accord

BASEL August 19th - China\'s decision not to adopt the New Basel Capital Accord for at least some years, is being accepted philosophically by officials at the Basel Committee, author of the new capital adequacy rules aimed at underpinning the world\'s banking system.