Topic: Basel III

“Diluting the framework”: EU divided over Basel implementation

Over two dozen of Europe’s national regulators and central banks have warned the European Commission against introducing any EU-specific deviations from the Basel III framework.

09 September 2021

Circle sets sights on federal charter

US fintech Circle is attempting to obtain a US federal bank charter, citing frustrations at third party chains slowing its operations.

11 August 2021

TIGRR report targets EU-legacy regulation

A government taskforce formed to revamp UK regulation post-Brexit has recommended dumping EU rules for a less prescriptive common law approach – including a more aggressive transition to open banking, a hybrid CBDC and a “graduated” capital requirements regime for challenger banks.

21 June 2021

Basel urges strict “cliff edge” two-tier cryptoasset regulation

Banks with cryptoasset exposure will be heavily regulated – and have to maintain the full value of crypto held – under new proposals from the Basel Committee, which predict increasing risk to banks from the volatile assets.

14 June 2021

Fragmentation concerns raised over EU’s climate disclosure approach

Japanese and US banking industry bodies have warned that ambitious EU moves towards sustainability disclosures – including a newly-finalised taxonomy and new standards for Pillar 3 disclosures – risk creating a fragmented global framework and “exporting” its model to non-EU institutions.

07 June 2021

FRTB: Why the answer to banks' data challenge lies close to home

Alexander Dorfmann, senior product manager, financial information at financial market infrastructure operator SIX, argues banks should leverage the data they have already collected from past regulatory initiatives to meet the challenges associated with the Basel III Fundamental Review of the Trading Book.

17 May 2021

US & Canada signal end of covid-era capital indulgence

US and Canadian regulators are rolling back pandemic-era capital measures, with a Canadian regulator resuming its Basel III implementation plans and the US Federal Reserve calling time on its go-easy approach to the supplementary leverage ratio.

23 March 2021

Basel III monitoring to be mandatory in Europe

The European Banking Authority will force EU banks to participate in its Basel III monitoring exercises from December.

17 March 2021

US Fed in a bind over “inexcusable” capital requirement relief

The United States’ congressional committees covering financial services have urged the Federal Reserve to defy calls to extend temporary capital requirements relief it extended at the outset of the covid-19 pandemic.

11 March 2021

EU banking associations call for Basel III flexibility to address pandemic fallout

Banking associations in Germany and Italy have called for EU regulators to tweak the insolvency framework and delay Basel III implementation, to allow banks to address the fallout from the covid-19 pandemic.

17 February 2021

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