The UK’s long-delayed final Basel III capital rules will come into force on January 1 2027, ending years of uncertainty over ...
European Central Bank Governing Council member Mario Centeno said any US push to set aside enhanced bank capital rules will go wrong, and Europe shouldn’t risk taking that path. “Europe should ...
Federal Reserve officials are drawing up rules for the largest U.S. banks that won't be more stringent than global capital standards agreed to in Basel, Switzerland, according to a person familiar ...
The banks got their way again. Global regulators announced on Sunday that they're relaxing the new Basel III rules, which had been much maligned worldwide by banks during the past two years.
(Reuters) -The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a raft of proposed banks capital rules as soon as Sept. 19, Bloomberg News reported on Friday, citing ...
The financial world moves much too fast to tolerate more than a decade of development and startup time for each of the three Basel regimes, writes former FDIC Chairman William M. Isaac. I have long ...
WASHINGTON — Last week, Consumer Financial Protection Bureau Director Rohit Chopra took some questions from reporters after an appearance at DC Fintech Week. Most of the questions were about the ...
The implementation of Basel rules in the UK, published today,marks a major step forward for the banking sector, writes David Bailey.
The revised approach to the regulation of banks’ trading books – focusing on capturing deep losses during systemic crises and a tougher approach to internal-risk modeling – will limit lucrative ...
ZURICH (Reuters) -The head of the world's banking watchdog said Switzerland's existing rules on bank capital do not unfairly penalise its lenders versus rivals elsewhere, pushing back on arguments UBS ...