Recommendations designed to improve the resolution of a failing financial institution that has cross-border activities
Measures to strengthen regulation will reduce probability of financial stress, group says
Principles recognize that fair value is not effective when markets become dislocated or are illiquid
The Basel Committee on Banking Supervision has approved a series of measures designed to strengthen the capital adequacy framework for large, global banks.The latest package of measures approved by the committee at its July 8-9 meeting include modifications to the allocation of capital for trading exposures (imposing higher capital requirements for certain complex trading activities, […]
The Basel Committee on Banking Supervision and the International Association of Deposit Insurers (IADI) issued the final version of a set of principles to guide countries’ deposit insurance systems.The principles, which were developed by a joint working group between the Basel Committee and IADI, address a range of issues including deposit insurance coverage, funding and […]
Argentina, Indonesia, Saudi Arabia, South Africa, Hong Kong and Singapore have been invited to join
Stress testing should be fully integrated in banks’ governance frameworks
The Basel Committee on Banking Supervision has issued a working paper that examines the interaction of market risk and credit risk, a relationship that has been redefined by the financial crisis, the BIS said Thursday.The paper, which summarizes the findings of a BIS working group, notes that the distinction between market risk and credit risk […]
The Basel Committee on Banking Supervision says that it must update the regulatory framework for banks to prevent a recurrence of the financial crisis in the future.Speaking to the European Parliament’s Committee on Economic and Monetary Affairs on Monday, Nout Wellink, chairman of the Basel Committee and president of the Netherlands Bank, noted that “supervisors […]
Strengthening capital framework will lay foundation for more resilient banking system