Latest articles from Staff

Newsletter Oct 2005: Scene is set for first Solvency II test run

Drops in technical provisions, some of them big, are signalled in a pre-test check for a Solvency II quantitative impact study.

Email news Service October 2005 : EU-US must solve Basel II timetable problems

LONDON, October 18 (Global Risk Regulator) – Europe and the US need to find a pragmatic way forward on the home country-host country regulation issues opened up by their different timetables for implementing the Basel II bank safety rules, a top European Commission official said today.

Email news Service October 2005 : Germany’s Meister regrets US Basel II delay

FRANKFURT, Germany, October 5 (Global Risk Regulator) - A European Central Bank official responsible for bank oversight, Bundesbank board member Edgar Meister, said today he regretted a US delay in implementing the Basel II bank safety rules, Reuters news agency reported.

Email news Service October 2005 : Europe sees good news in US Basel II delay

LONDON, October 4 (Global Risk Regulator) – The one-year delay in US plans for implementing the international Basel II bank safety rules is probably good news for large European banks in an immediate sense. But there are doubts about the implications for the Basel II framework long term, European banking industry representatives believe.

Email news Service October 2005 : IMF official urges top priority for global insurance solvency stan

VIENNA, October 24 (Global Risk Regulator) – The world’s insurance industry and its regulators must make the development of an objective global standard for measuring insurer solvency a top priority, a top International Monetary Fund (IMF) official urged last week.

Email news Service October 2005 : US sets January-18 deadline for Basel IA comment

WASHINGTON, October 20 (Global Risk Regulator) – US banking regulators have set January 18 as the deadline for comment on their so-called Basel IA proposals for making current bank safety rules more risk-sensitive.

Email news Service October 2005 : Basel’s Caruana says US and EU redoubling efforts over timetable p

BRUSSELS, October 31 (Global Risk Regulator) – European and US banking regulators will redouble their collaboration in the light of the timetable differences over the implementation of the international Basel II bank safety rules, the world’s top banking supervisor said at the end of last week.

Email news Services October 2005 : US bankers welcome Basel IA proposals

WASHINGTON, October 7 (Global Risk Regulator) – US banking industry representatives generally welcomed the proposed US revisions of the current Basel I bank safety rules issued yesterday. The revisions aim to offset any competitive disadvantages arising for the thousands of US regional and community banks that won’t be adopting the international Basel II capital adequacy rules.

Newsletter Nov 2005: Regulators try to contain fall-out from US delay

US regulators reassure Europe on Basel II commitment. Congress still hostile. Bankers try to quantify effects of timetable differences By Melvyn Westlake

Newsletter Nov 2005: Skirmishing as EU financial markets law enters last lap

A further six month delay in implementing MiFID is proposed by Britain. London investment firms aim to defend summer advances By Melvyn Westlake