Governance
EBF calls for delay in introduction of Basel III following US standstill
November 26, 2012 - The European Banking Federation (EBF) is lobbying the European Commission to postpone the introduction of the Basel III global bank capital adequacy regime by a year to 2014, after US regulators earlier delayed application of the new requirements.
UK's new regulatory regime 'more complex'
November 21, 2012 - The new regulatory regime in the UK's banking industry is potentially more complicated than the previous structure, an expert believes.
FDIC Approves Final Rules Regarding Large Bank Stress Tests
October 9, 2012 - The Federal Deposit Insurance Corporation (FDIC) today announced publication of its final rule regarding company-run stress testing required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The rule applies to covered institutions with total consolidated assets greater than $10 billion.
Federal Reserve Board considering changes to the implementation timeline for the Dodd-Frank company-run stress test requirements
August 27, 2012 - The Federal Reserve Board is considering changes to the implementation timeline for the annual company-run stress test requirements required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
SEC Receives More Than 3,000 Whistleblower Tips in 2012
November 15, 2012 - Over the past year, the Securities and Exchange Commission received more than 3,000 whistleblower tips from all 50 states and from 49 countries, according to the agency's 2012 Annual Report on the Dodd-Frank Whistleblower Program released today.
Basel Committee Releases Basel III Assessments
October 2, 2012 - The Basel Committee on Banking Supervision has published three reports assessing the rules that will implement Basel III in the EU, Japan and the US. Conducted by independent teams of technical experts from a wide range of countries, the assessments compared the relevant domestic regulations with the Basel Committee's global standards.
CFTC and SEC Provide Clarification on Dodd-Frank Definitions of Derivatives
August 17, 2012 - The US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have issued joint rules and interpretations clarifying the scope of key definitions of certain derivatives products, as required under Title VII of the Dodd-Frank Act.
FSB: Basel III reforms falling behind schedule
November 6, 2012 - Worldwide banking reforms are unlikely to be completed on time, a new report has indicated. The Basel III regulations have been designed in order to prevent any repeat of the recent financial crisis whereby many lenders required state-funded bailouts by compelling companies to boost their reserve capital ratios.
IMF warning: Banking reforms have stalled
September 26, 2012 - Regulators around the world must not rest on their laurels when it comes to implementing reforms in the banking industry, a new report has urged.
Banking reforms 'vital to UK recovery'
August 13, 2012 - Pressing ahead with reforms in the banking industry represents a crucial part of assisting the UK's economic recovery.
Smallest banks 'should be exempt from Basel III'
October 23, 2012 - America's smallest banks should be made exempt from the full Basel III regulatory changes, a leading figure in the industry has recommended.
BofE exec calls for regulators to tear up the rule books
September 3, 2012 - A senior Bank of England executive has called for a rethink of the Basel Capital Accord, suggesting instead that regulatory bodies rip up the rule-books and adopt a simpler judgement-based supervisory approach.
Regulators call on major US banks to plan for collapse
August 10, 2012 - Major banks in the US have been instructed to put together contingency plans to ensure they could deal with a collapse of their business.