The UK’s long-delayed final Basel III capital rules will come into force on January 1 2027, ending years of uncertainty over how and when the global banking standards would be implemented. The ...
The implementation of Basel rules in the UK, published today,marks a major step forward for the banking sector, writes David ...
European Central Bank Governing Council member Mario Centeno said any US push to set aside enhanced bank capital rules will go wrong, and Europe shouldn’t risk taking that path. “Europe should ...
By Valentina Za MILAN, Jan 15 (Reuters) - Defending the competitiveness of European banks requires pacing the adoption of ...
The banks got their way again. Global regulators announced on Sunday that they're relaxing the new Basel III rules, which had been much maligned worldwide by banks during the past two years.
On 12 September 2024, the UK’s banking regulator, the Prudential Regulation Authority ("PRA") published its second policy statement on implementation of the Basel 3.1 standards in the form of ...
(Reuters) -The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a raft of proposed banks capital rules as soon as Sept. 19, Bloomberg News reported on Friday, citing ...
The incoming Trump administration is likely to lead to swift turnover at bank regulatory agencies, which would push finalization of new capital standards for large banks further down the road.
WASHINGTON — Last week, Consumer Financial Protection Bureau Director Rohit Chopra took some questions from reporters after an appearance at DC Fintech Week. Most of the questions were about the ...
The revised approach to the regulation of banks’ trading books – focusing on capturing deep losses during systemic crises and a tougher approach to internal-risk modeling – will limit lucrative ...