Featured Product

    BIS Announces Appointment of the New BCBS Chair

    March 07, 2019

    The Group of Governors and Heads of Supervision (GHOS), the oversight body of BCBS, has appointed Pablo Hernández de Cos, Governor of the Bank of Spain, as the new Chairman of the Basel Committee on Banking Supervision, effective immediately. Mr Hernández de Cos, succeeds Stefan Ingves, Governor of Sveriges Riksbank, who has chaired the Basel Committee since July 2011. As set out in the Committee's Charter, the Chair is appointed for a term of three years that can be renewed once.

    Mario Draghi, GHOS Chairman and ECB President, said "the GHOS expresses its gratitude to Stefan Ingves for his strong leadership of the Basel Committee over the past eight years. Under his leadership, the Committee completed its wide-ranging post-crisis Basel III reforms, which have increased the resilience of the global banking system and enhanced its ability to support the real economy. The GHOS looks forward to working with Pablo, as the Committee increasingly focuses its work on evaluating its post-crisis reforms, addressing emerging vulnerabilities in the global banking system, and promoting strong supervision."

     

    Related Link: Press Release

    Keywords: International, Banking, BCBS Chair, Leadership Changes, Pablo Hernández de Cos, Bank of Spain, BCBS, BIS

    Related Articles
    News

    EBA Proposes Guidelines for Establishing Intermediate Parent Entities

    EBA issued a consultation paper on the guidelines on monitoring of the threshold and other procedural aspects of the establishment of intermediate EU parent undertakings, or IPUs, as laid down in the Capital Requirements Directive.

    January 15, 2021 WebPage Regulatory News
    News

    EC Adopts Financial Reporting Changes Arising from Benchmark Reforms

    EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.

    January 14, 2021 WebPage Regulatory News
    News

    BIS Bulletin Examines Key Elements of Policy Response to Cyber Risk

    BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.

    January 14, 2021 WebPage Regulatory News
    News

    HMT Updates List of Post-Brexit Equivalence Decisions in UK

    HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.

    January 14, 2021 WebPage Regulatory News
    News

    EBA Issues Erratum for Technical Package on Reporting Framework 3.0

    EBA published an erratum for technical package on phase 1 of the reporting framework 3.0.

    January 14, 2021 WebPage Regulatory News
    News

    APRA Publishes FAQ on Measurement of Credit Risk Weighted Assets

    APRA updated a frequently asked question (FAQ), for authorized deposit-taking institutions, on the measurement of credit risk weighted assets.

    January 14, 2021 WebPage Regulatory News
    News

    EBA Publishes Risk Dashboard for Third Quarter of 2020

    EBA published the quarterly risk dashboard, along with the results of the Risk Assessment Questionnaire survey among 60 banks and 15 market analysts.

    January 13, 2021 WebPage Regulatory News
    News

    ECB Analysis Shows Privacy as Biggest Concern in Use of Digital Euro

    ECB concluded the public consultation on the introduction of a digital euro in EU.

    January 13, 2021 WebPage Regulatory News
    News

    ECB Analysis Shows Privacy as Biggest Concern in Use of Digital Euro

    ECB concluded the public consultation on the introduction of a digital euro in EU.

    January 13, 2021 WebPage Regulatory News
    News

    ECB Finalizes Guide on Supervisory Approach to Bank Consolidation

    ECB published a guide that sets out the supervisory approach to consolidation in the banking sector.

    January 12, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6432