Largest banks expect their capital requirements to fall by more than 10%
The increasing use of credit portfolio risk models by financial institutions will accelerate with the establishment of Basel II, says Fitch Ratings in a news report.“Basel II adapts many of the concepts and techniques used by large financial institutions in their own internal credit risk models for supervisory purposes,” says Dr. Gary van Vuuren, senior […]
Ratings to be used to calculate capital adequacy requirements under Basel II
The Office of the Superintendent of Financial Institutions has issued final capital adequacy guidelines for banks under Basel II.On March 31, OSFI released for industry consultation draft Capital Adequacy Requirements guidelines. It is now releasing the final versions, reflecting the guidance of the Basel Committee on Banking Supervision and comments submitted on the draft versions.The […]
Sharing of information intended to help to promote the successful implementation of Basel II
Cooperation among supervisors are hugely important, Le Pan says
Proposed framework would be mandatory for large, internationally active banking organizations
Changes in rules do not alter underlying economic reality of transactions
Papers discuss credit risk assessments for loans; fair value option
Regulator encourages banks to begin disclosing information under Pillar 3