Committee to concentrate efforts on implementation of Basel III
Canada’s big banks are widely expected to be able to comply easily with the proposed global capital regulations
Instruments likely won’t be grandfathered into new Basel regime
Insurers likely to encounter similar hurdles
The Office of the Superintendent of Financial Institutions has published final versions of its capital adequacy guidelines ahead of Basel II taking effect November 1.OSFI is reissuing certain guidelines that were published towards the end of last year, incorporating comments it received from industry associations and individual banks, and to correct errors that were identified […]
Committee concludes October meeting
Largest banks expect their capital requirements to fall by more than 10%
The increasing use of credit portfolio risk models by financial institutions will accelerate with the establishment of Basel II, says Fitch Ratings in a news report.“Basel II adapts many of the concepts and techniques used by large financial institutions in their own internal credit risk models for supervisory purposes,” says Dr. Gary van Vuuren, senior […]
Ratings to be used to calculate capital adequacy requirements under Basel II
The Office of the Superintendent of Financial Institutions has issued final capital adequacy guidelines for banks under Basel II.On March 31, OSFI released for industry consultation draft Capital Adequacy Requirements guidelines. It is now releasing the final versions, reflecting the guidance of the Basel Committee on Banking Supervision and comments submitted on the draft versions.The […]