Basel III
Regulations lower rates and cause imbalances – BoE paper
Research into repo market highlights some unintended consequences of post-crisis regulations
Book notes: The third pillar, by Raghuram Rajan
Rajan sets out an ambitious – but deliberately non-radical – manifesto for reform at the local level
New Zealand banks attack RBNZ capital proposals
Central bank proposal would almost double banks’ minimum capital requirements
BoE unveils ‘systemic risk buffers’ for UK banks
Aims to ensure adequate capital within UK ring-fenced firms, as well as at global level
Fed proposes leverage ratio exemption for custody banks
Latest regulatory easing proposal would see custodians gain exemption for some assets
Basel Committee seeks feedback on streamlined version of Basel III
Sprawling array of PDFs was getting difficult to handle, committee says; some elements have been trimmed and ambiguities removed
Carolyn Rogers to take over as Basel Committee secretary-general
William Coen to step down this year after 20 years with the committee
Bank capital ratios fall for first time since 2011
Basel monitoring report finds declines in both risk-weighted capital and leverage ratios
Bank of Jamaica pushes banks to meet full LCR this year
The central bank also plans to introduce other liquidity management standards in coming years
Supervisory compliance weaker on 55% of Basel III principles – IMF
FSAP reports uncover potentially worrying trend on financial supervision since mid-2013
Spanish governor de Cos now leads Basel Committee
Stefan Ingves steps down as chairman after nearly eight years in the role
Regulators must not be too strict in a crisis – BIS paper
Cyclical capital requirements should account for downturns as well, author argues
FSB seeks feedback on reforms’ impact on SME finance
Roundtable participants note considerable differences in how SMEs are treated across jurisdictions
Capital requirements impact collateral demands – BoE paper
Higher capital requirements can make banks demand more collateral, authors find
Basel Committee softens impact of revised market risk framework
Final framework cuts expected increase in average capital requirements almost in half; committee may consider some further rule-making in 2019
China remains “committed” to globalisation, says Zhou Xiaochuan
Debt sustainability to be discussed at second Belt and Road Initiative summit next year; WTO deal still needed
RBNZ proposes to ‘almost double’ capital requirements
Central bank advocates shareholders bear greater risk to incentivise good management
Fed paper examines impact of liquidity rules on dealers
Dealers changed behaviour in response to reforms, but de-risking was already under way, paper finds
Basel Committee unveils ‘streamlined’ disclosure requirements
Parts of the requirements “substantially streamlined” after complaints from industry
Basel III may be second-best outcome, admits Coen
Basel Committee secretary-general says framework could be strengthened; John Vickers renews calls for tougher capital standards
Podcast: The global regulatory landscape
Capital rules have made the core banking system safer, but other parts of the system may still be at risk, says Andrew Metrick
FSB calls for action as regulatory deadlines pass
Mark Carney urges G20 to stay disciplined as global growth begins to fade
Non-bank lending could replace interbank market – Atlanta Fed paper
Basel III capital requirements and Fed’s QE are reducing US interbank lending, researchers say
Basel Committee points to delays in adoption of Basel III standards
Only 10 of 27 jurisdictions have final rules for Net Stable Funding Ratio