June 14, 2012 - Landmark reforms to the British banking industry will go ahead despite the fact they are unpopular among the majority of financiers, George Osborne has confirmed.
June 12, 2012 - The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are seeking comment on three notices of proposed rulemaking (NPRs) that would revise and replace the agencies' current capital rules.
June 12, 2012 - The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are seeking comment on three notices of proposed rulemaking (NPRs) that would revise and replace the agencies' current capital rules.
June 11, 2012 - The Basel Committee on Banking Supervision published on 11 June its "Report to G20 Leaders on Basel III Implementation".
June 11, 2012 - The Securities and Exchange Commission today issued a policy statement describing the order in which it expects new rules regulating the derivatives market would take effect. The statement covers final rules to be adopted by the SEC under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
June 11, 2012 - Britain's banking industry must begin embracing risk once again if it is to recover fully in the aftermath of the global economic downturn. That is the opinion of Andy Haldane, a policymaker at the Bank of England (BoE), who has told the Scotsman that this is essential in order to kickstart the country's economic revival.
June 8, 2012 - The Financial Stability Board has set out 35 recommendations for the development and implementation of a global Legal Entity Identifier (LEI) system that will uniquely identify parties to financial transactions.
June 7, 2012 - Banks in China will be required to comply with the regulations laid down in the new Basel III agreement, it has emerged. Policymakers in Beijing have decided that financiers operating in the Asian superpower will be put under the same level of regulatory supervision as their counterparts across the world as of the beginning of 2013.