Capital Requirements Directive (CRD)
Basel proposals reduce need to sign guaranteed portability agreements
Changes to bank capital rules on CCP exposures remove the need for bank clients to enter into contractual agreements to port trades to other clearing members
CRD IV should reflect Emir exemptions, says Bowles
Chair of European Parliament's Econ committee believes CRD IV should mirror Emir corporate exemptions, but has not yet decided whether sovereign counterparties should enjoy the same benefit
CRD IV proposals do not deviate markedly from Basel III, says EC's Faull
Jonathan Faull dismisses suggestions CRD IV will lead to uneven application of Basel III
EBA to publish governance and op risk guidelines in September and October
EBA op risk specialist Bernd Rummel says the new European body has a busy schedule of work to implement CRD IV
Wave of new regulation brings inconsistencies and loopholes
Divergent paths
Ignoring the perils of portability
The perils of portability
Q&A: ACP's Nouy on CRD IV, equity in the LCR and CoCos
Behind Basel III
Investor pull to replace regulator push on CoCos: Credit Suisse’s Ervin
A new pull for CoCos
EC’s Capital Requirements Directive deemed “detrimental” to energy trading
The revised proposal for the Capital Requirements Directive (CRD) presented by the European Commission (EC) on July 20 has sparked serious concerns among energy companies, traders and exchanges
EC's CRD IV says dealers can ignore portability risks
While Basel Committee deliberates, EC proposes 'value of zero' for contingent risks associated with clearing portability
OpRisk Europe: Implementation is key
Changing the rules
Basel III liquidity rules won't be watered down in Europe, says ACP's Nouy
Autorité de Contrôle Prudentiel secretary-general Danièle Nouy says looser language in the CRD IV draft won't ultimately mean weak rules in Europe
OpRisk Europe: EBA calls for common approach on CRD
Bernd Rummel describes EBA push for Europe-wide approach to capital rules
Basel III liquid asset definitions loosened in CRD IV draft
Draft legislation seen by Risk contains less prescriptive language on what counts as an eligible liquid asset under the liquidity coverage ratio
Triple threat to sovereign default-risk-free status
European policymakers and regulators are considering dramatic changes to the capital treatment for government bonds
Sponsored statement: Royal Bank of Scotland
Basel III and IFRS 9: A tightening of the regulations
The Nava-gator
Safe-keeping
ECB opinion on derivatives reform spurs debate on CCP liquidity resilience
French authorities welcome ECB's call for the resilience of central bank money to be recognised in EU derivatives legislation.
Oversubscribed CLO points to returning Asian risk appetite, more CLOs expected
Standard Chartered's most recent Start deal proved oversubscribed, suggesting a returning credit risk appetite in Asia. Meanwhile, more CLOs are expected this year.
Cebs offers advice on changing AMA models
Cebs offers advice on changing AMA models
The end of the beginning for Basel III
Basel III: in your own time...
Basel Committee doesn’t have the last word, vows Othmar Karas, MEP
European Parliament’s rapporteur for CRD IV suggests Basel III will hit European banks hardest and adjustments will be needed when the standards are transposed into European law
UK FSA’s new standardised approach paper not just for TSA firms
New paper from the UK FSA sets out guidelines for TSA operational risk frameworks
FSA consults on remuneration disclosure requirements
New consultancy paper from the UK FSA requires all firms to disclose their remuneration methodology under CRDIII.