LONDON, January 4 (Global Risk Regulator) – European banking regulators expect to issue in April their assessment of the prudential risks arising from the commodities business, a vexed question left over from reforms of bank safety rules in the European Union.

WASHINGTON, January 24 (Global Risk Regulator) – Some US proposals on the market risk aspects of the controversial Basel II bank safety rules will impose substantial additional costs on banks, influential industry organisations say in comments to the federal supervisory agencies.

The Basel II capital accord was the subject of hearings by both the Senate Banking Committee, on June 18, and the House Financial Institutions sub-Committee, on the following day. Here\'s a summary of some of the prepared testimonies.

BASEL - \"It\'s flawed, it\'s too expensive, it\'s too complex - but we can live with it,\" says one banking source of the Basel II capital accord on bank safety as the July 31 deadline for comment on CP 3, the final consultation paper on the accord, approaches.

LONDON - 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.

WASHINGTON, February 16 (Global Risk Regulator) – The timetable for implementing the controversial Basel II bank safety rules in the US became more challenging yesterday as new guidance from the regulators seemed likely to extend the current consultation process by another two months or so.

BRUSSELS - PricewaterhouseCoopers, the international professional services organisation, is undertaking a study into the impact of the proposed Basel II capital accord on banks and investment firm in the European Union.

BASEL, Switzerland, February 7 (Global Risk Regulator) – Global banking regulators are stressing the principles of good corporate governance in their latest efforts to help banks and regulators square the circle of group-wide capital allocation when using advanced approaches to measuring operational risk.

WASHINGTON, February 11 (Global Risk Regulator) – The intended resignation of the Federal Reserve governor who oversees the central bank’s input into US policy on the controversial Basel II bank safety rules has come as a special report to Congress on Basel II is due, and as US regulators prepare to release further guidance on the implementation of the rules.

NEW DELHI - The level of bad loans in India\'s banking system is nearly twice as high as officially reported, according to a study by the country\'s largest credit rating agency. This raises questions about the capital adequacy of some banks, say analysts.