https://www.scmp.com/rss/283045/feed Basel III is a global regulatory standard for banks’ capital adequacy, stress testing and market liquidity risk agreed upon by the members of the Basel Committee on Banking Supervision. It is being phased in over a five year period ending in 2018. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The European Union failed to seal a deal on Basel bank rules yesterday after disagreeing at talks in Brussels on bonuses, capital requirements for big lenders and powers available to the European Banking Authority. Members of the European Parliament and diplomats agreed to reconvene on February 27 after their negotiations ended without a deal on how to implement components of the Basel bank regulations in the EU. Othmar Karas, the legislator in charge of the EU parliament's work on the rules,... https://www.scmp.com/business/banking-finance/article/1154741/eu-fails-agree-basel-iii-bank-rules-row-over-bankers?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/1154741/eu-fails-agree-basel-iii-bank-rules-row-over-bankers?utm_source=rss_feed Wed, 20 Feb 2013 16:00:00 +0000 The Institute of Global Economics and Finance will host a three-day advanced programme for non-G20 central bankers and regulators on the Basel III agreements at the Chinese University this week. The featured speaker, Professor Liu Ming Kang, former chairman of the China Banking Regulatory Commission, said the main goal of the programme was to trade knowledge about Basel III between non-G20 regions and convey the message that there was no universal fit for all nations. This is the first time an... https://www.scmp.com/business/banking-finance/article/1129003/asia-trade-views-basel-iii?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/1129003/asia-trade-views-basel-iii?utm_source=rss_feed Tue, 15 Jan 2013 16:00:00 +0000 It's a New Year gift to banks around the world. Despite four years of grim warnings of tightening controls following the 2008-09 global financial crisis, central bank chiefs have agreed to water down and delay a planned bank liquidity rule crucial to safeguarding clients' money in times of crisis. The so-called liquidity coverage ratio (LCR) forces banks to hold enough easy-to-sell assets to survive a 30-day credit squeeze. The Group of Governors and Heads of Supervision, the oversight body of... https://www.scmp.com/business/banking-finance/article/1122442/chinas-banks-fluid-enough-meet-liquidity-challenge?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/1122442/chinas-banks-fluid-enough-meet-liquidity-challenge?utm_source=rss_feed Mon, 07 Jan 2013 16:00:00 +0000 The first Basel agreement on global banking regulation, adopted in 1988, was 30 pages long and relied on simple arithmetic. The latest update, known as Basel III, runs to 509 pages and includes 78 calculus equations. The complexity is emblematic of what happened over the past four years as governments that injected US$600 billion to rescue failing banks during the worst financial crisis since the Depression devised ways to make the global banking system safer. Those efforts have been stymied by... https://www.scmp.com/business/banking-finance/article/1119403/tangle-basel-iii-ties-knot-safety?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/1119403/tangle-basel-iii-ties-knot-safety?utm_source=rss_feed Thu, 03 Jan 2013 16:00:00 +0000 Thousands march against C.Y. Leung More than 50,000 protesters are expected to march on the government headquarters to demand Chief Executive Leung Chun-ying's resignation over a perceived loss of credibility. The pro-democracy rally is just the tip of the iceberg, with possible moves to impeach him over illegal works at his home on The Peak. Days before the march, street clashes broke out between his supporters and dissenters, some of whom have taken to brandishing colonial flags.   Global... https://www.scmp.com/comment/insight-opinion/article/1116901/talking-points?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1116901/talking-points?utm_source=rss_feed Mon, 31 Dec 2012 16:00:00 +0000 Small lenders on the mainland are under pressure to boost their capital to meet strict capital adequacy rules which will take effect from January as scheduled, despite a delay in the United States. China's lenders will be required to comply with tougher global bank capital rules, known as Basel III, from next year, although the US banking regulator has decided to delay implementation because of a wide range of industry views, the Shanghai Securities News reported yesterday. Most Chinese lenders... https://www.scmp.com/business/banking-finance/article/1081871/capital-rules-put-pressure-banks?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/1081871/capital-rules-put-pressure-banks?utm_source=rss_feed Tue, 13 Nov 2012 16:00:00 +0000