Further to the 16 December 2010 publication of the final
Basel III rules, as reported in our client alert "Basel III: The (Nearly) Full
Picture," on 13 January 2011 the Basel Committee on Banking Supervision
("BCBS") announced the minimum requirements to ensure that all regulatory...
On 19 July 2011, the Basel Committee on Banking
Supervision ("BCBS") and the Financial Stability Board ("FSB") published two
papers relating to entities regarded as globally systemic important financial
institutions ("G-SIFIs"). The first paper prepared by the BCBS which...
by Peter Green and Jeremy Jennings-Mares
This commentary summarizes the
Basel III rules. The rules are contained in two separate documents: (1) Basel
III: A global regulatory framework for more resilient banks and banking systems
and (2) Basel III: International framework for liquidity risk measurement...
by Jeremy Jennings-Mares, Oliver Ireland and Anna
On September 12, 2010, the
Group of Central Bank Governors and Heads of Supervision, the oversight body of
the Basel Committee on Banking Supervision ("BCBS"), issued a press
release announcing a substantial strengthening...
In January 2011, the Basel Committee on Banking
Supervision (the "Basel Committee") set out rules to supplement Basel III
regulations on capital adequacy and liquidity. The Basel III reforms aim to
improve the quality and level of capital within firms (further details of the
Basel III reforms...
Recent changes to the
regulatory treatment of mortgage servicing rights ("MSR"s) for
financial institutions subject to Basel III, together with political and
prosecutorial pressures, have resulted in a substantial increase in incentives
for financial institutions to transfer their...
Keith R. Fisher
The Federal Reserve has extended the comment period on
its Basel III regulatory capital rulemaking from its original September 7
deadline until October 22, 2012. The rulemaking, which was the subject of a previous
Ballard Spahr legal alert, actually comprises three separate rulemakings...
This morning, the three federal bank regulatory agencies
announced that their proposed new capital rules based on Basel III (and other
Basel standards) would not take effect on January 1, 2013, a date previously
proposed apparently in order to adhere to international consensus. The
Can your financial institution survive the next economic downturn? The recent financial crisis demonstrated how unexpected economic downturns and rapid deterioration in market conditions can significantly harm a bank’s financial condition and economic viability. Additionally, our ever-changing...