LONDON - A likely average rise in required capital for the world\'s biggest banks, under the new Basel capital accord, is confirmed by the results of a study now circulating among bankers.

TOKYO - Yet another new source of concern is emerging for Japan\'s so-called \"mega-banks,\" already beset by a tide of problems.

BRUSSELS - Self interest could result in leading European insurance companies becoming keen supporters of operational risk capital charges in new risk-based solvency rules for insurers, industry analysts are speculating.

LONDON - The extent of credit risk transfer from banks to insurers remains a considerable concern, UK Financial Services Authority (FSA) chairman Howard Davies said in April.

BASEL, Switzerland - A good number of adjustments and corrections will be made to the proposed Basel II capital accord, which may be cumulatively significant for a few banks, as a result of the key QIS 3 survey, according to international banking regulators.

CHARLOTTE, North Carolina - 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.

NEW YORK - The UK 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.

Europe\'s Solvency II project moves to its second phase as paper recommends a three-pillar, risk-based approach. By David Keefe

The Basel Committee has posted up comments on the Web to its QIS3 Technical Guidance and Second Working Paper on Securitisation. Here\'s a summary of some responses

Elections and ten new member countries could delay critical capital adequacy directive. Late changes to CAD3 feared