Basel Committee

Basel III presents new challenges to collateral trading activities and collateral management operations. In part II of a series, GCMS’ Saheed Awan explores the impact Basel III and central clearing of OTC derivatives will have on collateral trading activities and he calls for the restricted view of collateral management to be expanded to support efforts to achieve greater efficiency through improved and centralised processing. 

Regulators and bank supervisors have become investment advisors!

The Basel Committee on Banking Supervision has today published its Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform. The report will be considered at the meeting of G20 ministers and governors in Washington DC on 18-19 April.

Details via press release: http://www.bis.org/press/p130412.htm

The Basel Committee on Banking Supervision has today published a report assessing the regulations that implement the Basel capital framework in Singapore.

Details via press release: http://www.bis.org/press/p130320.htm

The Basel Committee published today the results of its Basel III monitoring exercise. The study is based on rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets.

Details via press release: http://www.bis.org/press/p130319.htm

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have today published a second consultative paper which represents a near final proposal on margin requirements for non centrally cleared derivatives. The paper is available on the websites of the Bank for International Settlements and IOSCO.

Basel III, like most regulation, has been fraught with delays in the last year. In a Q&A, Matt Clay of Baringa Partners explains the impact delays have had on Basel III implementation, the best practices for strategic change programmes and what banks should be thinking of the new FRTB proposals.

The Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met today to consider the Basel Committee's amendments to the Liquidity Coverage Ratio (LCR) as a minimum standard. It unanimously endorsed them.

Details via press release: http://www.bis.org/press/p130106.htm

The World Federation of Exchanges (WFE), representing 59 publicly regulated stock, futures, and options exchanges and associated clearinghouses, today called on international regulatory bodies to modify capital standards to appropriately reflect the liquidity and efficiency of exchange traded derivative (ETD) markets.  In a letter to the Financial Stability Board and other policy organizations, WFE encouraged global standard setting bodies to demonstrate continued support for the G20 commitments to bring greater transparency and central clearing to der

The Basel Committee on Banking Supervision has today published its  Report to G20 Finance Ministers and Central Bank Governors on Basel III implementation by its member jurisdictions. The report will be considered at the meeting of G20 ministers and governors in Mexico City on 4-5 November.

Full press release: http://www.bis.org/press/p121029.htm

The Basel Committee on Banking Supervision issued today its Framework for dealing with domestic systemically important banks.

Full press release: http://www.bis.org/press/p121011.htm