Tagged: basel III

July 10, 2024 @ 7:07 am By Omar Faridi  |  

The Basel Committee on Banking Supervision has released a consultative document proposing Principles for the sound management of third-party risk in the banking sector. Ongoing digitalization has led to rapid “adoption of innovative approaches in the banking sector.” As a result, banks have become increasingly… Read More

July 6, 2024 @ 1:42 pm By Michael Wong  |  

Canada’s financial regulator announced on Friday that it will delay the implementation of new rules requiring banks to change how they calculate lending risks, a move intended to give the country’s banks more time to adapt, Bloomberg has reported. The Office of the Superintendent of… Read More

April 28, 2024 @ 12:06 pm By Omar Faridi  |  

More than 220 central bankers and banking supervisors representing over 90 different jurisdictions met on 24–25 April, 2024 in Basel for the 23rd International Conference of Banking Supervisors (ICBS). The ICBS included a program to mark the 50th year of the Basel Committee on Banking… Read More

April 4, 2024 @ 5:30 pm By Omar Faridi  |  

Fenergo is a global provider of digital solutions for client lifecycle management (CLM) and digital transformation for financial institutions. Its software digitally transforms and streamlines end-to-end CLM processes – from regulatory onboarding, data integration, client and counterparty data management, client lifecycle reviews, and remediation, all… Read More

November 6, 2023 @ 4:15 pm By JD Alois  |  

Tomorrow, November 7, at 10 AM ET, the Subcommittee on Financial Institutions and Monetary Policy will hold a hearing on the United States’ position in global financial regulation. Part of the House Financial Services Committee, the hearing is entitled, The Tangled Web of Global Governance:… Read More

March 29, 2020 @ 4:55 pm By Omar Faridi  |  

Global banking regulators released a statement on March 27, 2020 in which they noted that elements of the Basel III banking rules reform that have not yet been finalized will be delayed for at least a year, because of the coronavirus (COVID-19) outbreak. The release… Read More

January 5, 2016 @ 3:55 pm By Conrad Ford  |  

  It’s long been known that small businesses are one of the cornerstones of a healthy economy, and in the UK, SMEs account for a staggering 99.8% of incorporated companies. Without getting into a discussion on that classification (if 99.8% are small- and medium-sized, what… Read More