Terry Campbell, now leading the Canadian Bankers Association, says the banking sector is well positioned to deal with the many challenges it faces, both at home and abroad
The shift to tougher capital requirements for banks is underway, but worries are already increasing that it won’t be enough to avoid the next financial crisis.With the Basel Committee on Banking Supervision having spelled out many of the details of more stringent capital requirements toward the end of last year, national banking regulators are now […]
Early redemptions of capital trust notes won’t be necessary, say TD, CIBC
New leverage ratio to be adopted
Committee to concentrate efforts on implementation of Basel III
Canada’s big banks are widely expected to be able to comply easily with the proposed global capital regulations
Instruments likely won’t be grandfathered into new Basel regime
Insurers likely to encounter similar hurdles
The Office of the Superintendent of Financial Institutions has published final versions of its capital adequacy guidelines ahead of Basel II taking effect November 1.OSFI is reissuing certain guidelines that were published towards the end of last year, incorporating comments it received from industry associations and individual banks, and to correct errors that were identified […]
Committee concludes October meeting