Banking book
Basel faces challenge on charge for interest rate risk in the banking book
It’s no secret that bank regulators are looking to fill a gap in the capital framework by introducing a charge for interest rate risk in the banking book. But with the rules likely to arrive as rates start to be hiked, there’s a lot riding on the project…
Basel Committee has work cut out on interest rate risk charge
Basel Committee taskforce starts work to develop a Pillar I charge for interest rate risk in the banking book, but some bankers and former regulators say the challenges will be too great
Collateral damage: Capital proposals threaten Europe's ABS market
The European Central Bank wants to promote securitisation, but critics of the Basel Committee’s proposed new capital rules fear the extra burden will snuff out the European market altogether. The stage is set for the latest clash between policy and…
OpRisk North America: Confusion remains between trading book and banking book definitions
International definitions of banks' trading book and banking book still woolly, keynote speaker Charles Taylor tells conference
Wholesale banking: Challenges in automating commercial credit risk management
White paper: IBM Business Analytics
Q&A: Ryozo Himino on Basel’s RWA probe and the need for minimum standards
The Basel Committee’s newly formed standards implementation group is charged with monitoring how banks are adhering to the requirements of the Basel III accord. The chair of the group, Ryozo Himino, talks to Nick Sawyer about consistency with Basel…
Q&A: Ryozo Himino on Basel's RWA probe and the need for minimum standards
The Basel Committee is keeping an eye on Basel III implementation, led by its standards implementation group. Nick Sawyer talks to Ryozo Himino, chair of the group, about the monitoring of timelines, consistency with Basel minimums and the investigation…
Credit Suisse and UBS on Basel 2.5: Half a world away
Swiss banks had to switch over to Basel 2.5 at the start of 2011, but they are still wrestling with elements of the new trading book rules – from educating traders on the impact, to working out sovereign bond risks. And differences have already emerged…
Basel 2.5: regulators still wrestling with Dodd-Frank clash
The Dodd-Frank Act means elements of Basel’s new trading book rules cannot be implemented in the US – although supervisors claim it will only be a temporary reprieve. A review of the rules has also been delayed. Mark Pengelly reports
Citi’s Gerspach: $12.7 billion accounting switch was legit
Switch of assets to trading book and subsequent sales meant to limit Basel III capital impact, says Citi's CFO
Sovereign risk weights under threat
Bank capital rules continue to regard government bonds as risk-free under many conditions. If politicians can’t convince them otherwise, regulators may have to change the rules – but could they do it without causing bond market mayhem? Duncan Wood reports
Back to the drawing board for trading book rules
The Basel Committee is preparing to conduct a fundamental review of its trading book rules in 2011, even before a package of changes to the market risk framework has come into force. What are regulators trying to achieve and how is the industry…
The shifting sands of Basel II
Four months after the Basel Committee on Banking Supervision closed the consultation period on its January 2001 draft for a new international capital Accord, it has already made major amendments to its proposal.
The maturity offset problem
As the credit derivatives market matures, dealers are facing growing demand forsophisticated risk management strategies involving forwards. Here, Paul Hattori andPaul Varotsis propose an improved regulatory capital treatment for such positions