Top bank regulators promised to propose a new rule that would enable them to adopt the final pieces of the Basel III international regulatory framework "as soon as possible." In a joint statement ...
Federal Reserve Vice Chair for Supervision Michelle Bowman. Newly minted Federal Reserve Vice Chair for Supervision Michelle Bowman is aiming to do something that escaped both her predecessors: ...
The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation. The comment period has ended ...
Rules requiring the world’s banks to hold very high amounts of capital to absorb potential losses on crypto assets need to be reworked after the US and UK refused to implement them, the chair of the ...
For the last decade, many of us—consultants, journalists, legislators, and regulators—have spent countless hours identifying the causes of the 2008 financial crisis and those who were responsible. Yet ...
The Group of Central Bank Governors and Heads of Supervision (GHOS) approved today the Basel Committee for Banking Supervision’s revisions to the market risk framework. The Basel Committee (BCBS) ...
Global banking regulators Thursday issued a set of principles for national regulators to follow in dealing with banks that are systemically important in their own countries. In the wake of the ...
The Reserve Bank of India (RBI) decided to extend Basel-III Capital framework to All India Financial Institutions (AIFIs) such as Export-Import Bank of India (EXIM Bank), the National Bank for ...
The State Bank of Pakistan (SBP) has announced enhancement in the regulatory retail portfolio limit under Basel Framework. According to BPRD Circular No. 08 of 2017, the existing regulatory retail ...