Basel rules
Calls to relax EU bank capital rules to grow after Trump win
The European Union (EU) and the UK will face pressure to delay or soften a planned increase in bank capital requirements now that Donald Trump’s victory is likely to ease the burden on the US competit...
Fed’s relaxed bank-capital plan faces bipartisan FDIC pushback
A PLAN to dial back US regulators’ landmark bank-capital proposal is running into a wall of resistance at the Federal Deposit Insurance Corp (FDIC).
US to propose bank capital rule revisions as soon as this month
The US Federal Reserve and other regulators are poised to unveil sweeping changes to a slate of proposed capital rules for banks as they seek to overcome tough resistance from the industry, according ...
Global regulators tighten rules on banks outsourcing services
BOARD directors of banks must take ultimate responsibility for outsourced services and document how they manage the risk of outages and disruptions to customer services, the global Basel Committee of ...
Switzerland sticks to bank capital schedule in blow to UBS
Swiss government is pushing for a revamp of the way the bank prepares for potential losses in its foreign holdings.
EU says to delay core element of Basel bank capital rules
THE European Union will peg back implementation of a core element in the final leg of global rules governing bank capital by one year to January 2026, citing a “highly likely” delay in the US, the blo...
Digitalisation of banking creates new risks, says global watchdog
THE digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, global banking regulators said in...
Basel Committee adds climate risks to banking supervision standards
THE Basel Committee on Thursday approved an update of its banking supervision guidelines that includes risks from climate changes and the digitalisation of finance.
Banks told to anticipate risks from using AI, machine learning
BANKS must anticipate risks from using artificial intelligence (AI) and machine learning (ML) in their operations as part of their day-to-day governance, a top global banking regulator said on Wednesd...
Global banking watchdog to crack down on ‘window dressing’ by big lenders
GLOBAL banking regulators proposed measures on Thursday (Mar 7) to crack down on “unacceptable” attempts by the world’s biggest banks to game rules in a bid to avoid heavier capital requirements.
