Latest articles from Staff

Email news Service July 2003: UK wants Basel II IRB approach available to all banks

LONDON, July 8 - UK regulators believe the more complex approaches to assessing credit risk under the proposed Basel II minimum capital rules for bank safety should be available to all banks, regardless of size.

Email news Service July 2003: New US bank capital rules get first preview on Friday

WASHINGTON, July 9 -- The process of getting the new capital adequacy regime for international banks adopted in the US reaches a key stage on Friday when the country\'s four leading bank regulators will jointly issue their Advanced Notice of Proposed Rulemaking (ANPR).

Email news Service July 2003: UK watchdog warns on interest conflicts at investment banks

LONDON, July 17 - Investment banks in London have had management structures which, at the very least, leave them open to the charge that they don\'t handle conflicts of interest in the way their customers would hope, Britain\'s chief financial regulator said today.

Email news Service July 2003: UK firms challenged by operational risk regime

LONDON, July 22 - Many financial firms in the UK face a significant challenge in deciding how to respond to the new regulatory regime on operational risk due to come into force in September 2004, the Financial Services Authority (FSA) said today.

Email news Service July 2003: UK plans risk-based capital rules to cut insurance failures

LONDON, July 15 - UK regulators plan to bring general, or non-life, insurance companies under a new risk-based capital regime to help head off future failures in the sector, the Financial Services Authority (FSA) said today.

Email news Service July 2003: US issues notice of Basel II plans

WASHINGTON, July 11 - US banking supervisors today jointly gave formal notice of their proposals for implementing in the US the controversial Basel II capital rules for bank safety, with a comment period that threatens the timetable for issuing the final version of the Basel II rules.

Email news Service July 2003: Comment deadline on Basel II closes today

BASEL, Switzerland, July 31 - The deadline closes today for comment on the third consultation paper on the controversial Basel II capital rules on bank safety with global banking regulators still officially aiming to have the final version of the rules out by the end of the year, despite acknowledged pressures on the timetable.

Newsletter Jul/Aug 2003: IAS Unstoppable

Political rows notwithstanding, the new international accounting standards are on their way - and they\'re intimately linked to regimes like Basel II and Solvency II By David Keefe

Newsletter Jul/Aug 2003: Banks worried by EU op risk concession to investment firms

Europe\'s version of Basel II relaxes demands on investment firms, but banks fear unlevel playing field, reports David Keefe

Newsletter Jul/Aug 2003: Waiting on Solvency II

The UK wants risk-based capital rules to make insurance companies safer, but it will have to fit in with Europe\'s plans