Featured Product

    BCBS Meets to Discuss Policy and Supervisory Initiatives

    February 28, 2019

    BCBS published an update on the policy and supervisory issues discussed in its February meeting in Basel. The participants discussed the ongoing and planned work in the areas of non-centrally cleared derivatives, interest rate benchmarks, crypto-assets, proportional application of prudential standards among various jurisdictions, and the implementation of Basel III standards.

    In its meeting, BCBS agreed to publish the following in March:

    • Joint statement with IOSCO to clarify certain implementation aspects of the margin requirements framework
    • High-level supervisory expectations related to crypto-assets
    • Summary of different practices among jurisdictions to proportionately apply the global minimum prudential standards
    • Follow-up reports and actions by member jurisdictions on the implementation of certain Basel III standards

    In addition, BCBS reiterated its support for reforms of interest rate benchmarks, approved a work plan to look at the interactions with supervisory requirements, and reviewed the assessment reports on the implementation of the net stable funding ratio and large exposures standards in Brazil and India. Also discussed was the BCBS work program for evaluating the impact of its post-crisis reforms; the work program includes planned evaluations on cross-cutting policy issues, the countercyclical capital buffer framework, and the global systemically important banks framework. The next meeting of the Basel Committee has been tentatively scheduled for June 19-20, 2019.


    Related Links: Press Release

    Keywords: Global, Banking, Interest Rate Benchmarks, Crypto Assets, Basel III, Post Crisis Reforms, Margin Requirements, BCBS

    Featured Experts
    Related Articles
    News

    BOE Sets Out Its Thinking on Regulatory Capital and Climate Risks

    The Bank of England (BOE) published a working paper that aims to understand the climate-related disclosures of UK financial institutions.

    March 13, 2023 WebPage Regulatory News
    News

    OSFI Finalizes on Climate Risk Guideline, Issues Other Updates

    The Office of the Superintendent of Financial Institutions (OSFI) is seeking comments, until May 31, 2023, on the draft guideline on culture and behavior risk, with final guideline expected by the end of 2023.

    March 12, 2023 WebPage Regulatory News
    News

    BIS Paper Examines Impact of Greenhouse Gas Emissions on Lending

    BIS issued a paper that investigates the effect of the greenhouse gas, or GHG, emissions of firms on bank loans using bank–firm matched data of Japanese listed firms from 2006 to 2018.

    March 03, 2023 WebPage Regulatory News
    News

    HMT Mulls Alignment of Ring-Fencing and Resolution Regimes for Banks

    The HM Treasury (HMT) is seeking evidence, until May 07, 2023, on practicalities of aligning the ring-fencing and the banking resolution regimes for banks.

    March 02, 2023 WebPage Regulatory News
    News

    BCBS Report Examines Impact of Basel III Framework for Banks

    The Basel Committee on Banking Supervision (BCBS) published results of the Basel III monitoring exercise based on the June 30, 2022 data.

    February 28, 2023 WebPage Regulatory News
    News

    PRA Consults on Prudential Rules for "Simpler-Regime" Firms

    Among the recent regulatory updates from UK authorities, a key development is the first-phase consultation, from the Prudential Regulation Authority (PRA), on simplifications to the prudential framework that would apply to the simpler-regime firms.

    February 28, 2023 WebPage Regulatory News
    News

    DNB Publishes Multiple Reporting Updates for Banks

    DNB, the central bank of Netherlands, updated the list of additional reporting requests and published additional data quality checks and XBRL-Formula linkbase documents for the first quarter of 2023.

    February 28, 2023 WebPage Regulatory News
    News

    NBB Sets Out Climate Risk Expectations, Issues Reporting Updates

    The National Bank of Belgium (NBB) published a communication on climate-related and environmental risks, issued an update on XBRL reporting

    February 24, 2023 WebPage Regulatory News
    News

    EBA Updates Address Securitization Standards and DGS Guidelines

    The European Banking Authority (EBA) published the final draft of the regulatory technical standards that set out conditions for assessment of homogeneity of the underlying exposures in simple, transparent, and standardized (STS) securitizations.

    February 21, 2023 WebPage Regulatory News
    News

    FSB Publishes Letter to G20, Sets Out Work Priorities for 2023

    The Financial Stability Board (FSB) published a letter intended for the G20 Finance Ministers and Central Bank Governors, highlighting the work that FSB will take forward under the Indian G20 Presidency in 2023

    February 20, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8793