James Gorman, chairman and chief executive of Morgan Stanley, said during a Senate Banking Committee hearing this week that the proposed operational risk provision in the Basel III endgame capital ...
The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...
BearingPoint, one of the world's largest business consulting and systems integration firms, has issued a white paper, "Seven Pitfalls In Basel II Operational Risk Implementation," detailing the steps ...
The International Swaps and Derivatives Association (ISDA) has renewed its call for a recalibrated approach to the US Basel III endgame, warning that the ...
As the new UK coalition government struggles to get the economy under control, and others across Europe continue to brace themselves for the uncertain times ahead, the question of how to prevent a ...
WASHINGTON - A top U.S. regulator on Thursday called the international effort to rewrite bank capital rules overly complex, dangerously rigid, and open to international regulatory arbitrage.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In addition to the principles for operational resilience, the Committee ...
Over the years since the first proposed revision of the Basel Accord on Capital Adequacy (Basel II), the Shadow Financial Regulatory Committee has criticized the Basel Committee’s proposals ...
Bank Negara Malaysia (BNM), the central bank of Malaysia, is advancing its transition to Basel III-aligned capital adequacy standards, with its new framework set to take effect on July 1, 2026. As ...
The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...