The capital standards adopted by the Basel Committee on Banking Supervision have wrongly taken precedence over the authority invested in Congress to legislate and determine the appropriate capital ...
WASHINGTON — The winter of 2016-17 was a dark time for the Basel Committee. Britain's vote to leave the European Union and the election of Donald Trump had ushered in an era of isolationism and ...
Rules requiring the world’s banks to hold very high amounts of capital to absorb potential losses on crypto assets need to be reworked after the US and UK refused to implement them, the chair of the ...
Proposals to drastically limit banks' ability to use internal risk-based models to calculate credit risk capital will encourage lending to less creditworthy counterparties, trade associations have ...
Proposed leverage ratio amendments have stopped short of providing a fix for the additive treatment of client collateral received by futures commission merchants (FCMs), which banks argue renders the ...
In a consultative document published on Dec. 14, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on targeted adjustment to its ...
According to the Basel Committee on Banking Supervision, cryptocurrencies should have some of the strictest capital requirements, due to their risks. Although banks’ face limited exposure to the ...
For the last decade, many of us—consultants, journalists, legislators, and regulators—have spent countless hours identifying the causes of the 2008 financial crisis and those who were responsible. Yet ...
The Basel Committee on Banking Supervision, in an effort to increase transparency and oversight in the banking sector, wants banks to disclose their crypto asset holdings. What Happened: The committee ...
The Group of Central Bank Governors and Heads of Supervision (GHOS) approved today the Basel Committee for Banking Supervision’s revisions to the market risk framework. The Basel Committee (BCBS) ...