NEW YORK, April 11 - The UK today welcomed US undertakings that the US approach to implementing the complex Basel II safety capital accord would not be allowed to compromise a level playing field for international banking supervision.
WASHINGTON, April 9 - The US approach to implementing the Basel II bank capital adequacy accord won\'t compromise a level playing field for the regulation of international banking, Federal Reserve Board vice chairman Roger Ferguson said today.
Charlotte, North Carolina, April 11 - US regulators believe the benefits for most US regional banks of adopting the proposed Basel II safety capital accord do not yet exceed the costs, according to Federal Reserve Board Governor Mark Olson.
BASEL, Switzerland, April 29 - Global banking regulators have, as expected, made changes to some of the technical details of the proposed Basel II bank capital accord in the light of a key survey last year on the accord\'s likely impact on banks.
Global banking regulators have given a much firmer go-ahead to the role of insurance in reducing operational risk capital charges under the Basel II bank capital accord than was thought likely earlier this year.
IT for the new risk-capital accord could cost a top bank $200 million. Dean Jovic must ensure SunGard gets its share. Interview: Dean Jovic, head of Sungard TRS\'s Basel project
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