Events listed in Basel Standards
Agencies request comment on proposed rules to strengthen capital requirements for ...
ID 24425
The key U.S. banking regulators, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System (FED) have published a joint press statement to announce the launch of a consultation on a new rule to modify the capital requirements of large financial institutions in the U.S. This move follows the ...
Basel Committee finds the United States largely compliant with its Net Stable ...
ID 24183
The BCBS has found that the United States is largely compliant with the global standards for the NSFR and LEX frameworks. These assessments are part of the committee’s RCAP, which monitors the implementation of Basel standards by member jurisdictions. The review process includes the assessment of initial risk-based capital standards and LCR for all member countries, as well as the framework for **G-SIBs and ...
Core principles for effective banking supervision
ID 24075
The BCBS has issued a public consultation on revisions to the Core Principles for effective banking supervision. These Core Principles serve as the minimum standards for sound prudential regulation and supervision of banks and banking systems. They are universally applicable and are used by supervisors to assess the effectiveness of their regulatory and supervisory frameworks. **The Core Principles were first issued in 1997 and ...
Basel Committee finds South Africa largely compliant with its Net Stable Funding ...
ID 22736
The BIS published two assessment reports on South Africa’s compliance with global standards set by the Basel Committee on Banking Supervision. The reports reveal that South Africa’s regulations on the NSFR and Basel LEX framework are largely compliant and compliant, respectively. These publications are part of the Committee’s RCAP, which aims to ensure regulatory consistency among member jurisdictions. On the one hand, the [**Regulatory ...
Various technical amendments and FAQs
ID 22560
The BCBS has issued a document addressing interpretative issues related to the Basel Framework, which includes proposals for technical amendments and FAQs. The BCBS regularly monitors and reviews the implementation of its standards to promote a consistent global implementation of the Basel Framework. Some implementation issues require an amendment to the text of the standard itself to be resolved unambiguously. Therefore, **the Committee has ...