The Business Times

Basel rules

Banking & Finance

Calls to relax EU bank capital rules to grow after Trump win

At least three of five FDIC directors oppose the latest overhaul previewed by the Federal Reserve last week.
Banking & Finance

Fed’s relaxed bank-capital plan faces bipartisan FDIC pushback

The revisions, which run up to 450 pages, may be unveiled as soon as Sep 19 and would reshape key components of the US bank-capital regime known as Basel III Endgame.
Companies & Markets

US to propose bank capital rule revisions as soon as this month

Basel Committee of banking regulators proposed 12 principles for banks and their regulators to apply, noting that the bank’s board of directors has ultimate responsibility for oversight of third-party arrangements.
Global Enterprise

Global regulators tighten rules on banks outsourcing services

The new Basel rules will increase UBS’s risk-weighted assets by around US$15 billion from 2025, with much of that impact expected to come from the trading rules.
Banking & Finance

Switzerland sticks to bank capital schedule in blow to UBS

Countries are introducing the last batch of a global bank capital accord known as Basel III, rolled out after taxpayers were forced to bail out lenders in the global financial crisis of 2007-2009.
Banking & Finance

EU says to delay core element of Basel bank capital rules

FILE PHOTO: The tower of the headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland March 18, 2021. REUTERS/Arnd Wiegmann/File Photo
Global Enterprise

Digitalisation of banking creates new risks, says global watchdog

The changes to the Basel Committee's “core principles for effective banking supervision” were approved at a meeting of some 220 central bankers and financial regulators on April 24 and 25 in Basel, Switzerland.
Banking & Finance

Basel Committee adds climate risks to banking supervision standards

Digital innovation will further fuel cross-border and cross-sectoral financial interconnections, requiring collaboration among central banks and regulators to achieve an appropriate regulatory baseline to oversee the use of AI and ML, Bank of Spain governor Pablo Hernandez de Cos says.
Global Enterprise

Banks told to anticipate risks from using AI, machine learning

“The proposed revisions aim at constraining banks’ ability to lower their G-SIB scores through window-dressing,” the Basel Committee says.
Global Enterprise

Global banking watchdog to crack down on ‘window dressing’ by big lenders

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