Financial Regulatory Forum

Supervisor rejects big overhaul of Basel bank rules

    LONDON (Reuters) – Basel II rules will remain the banking industry’s core guide to determining capital charges with only incremental changes expected to reflect lessons from the credit crunch, a top banking supervisor said on Tuesday. (more…)

UK’s FSA warns banks of trading book capital hikes

  By Huw Jones   Adair Turner, chairman Britain's Financial Services Authority

  LONDON (Reuters) – Britain’s banks will have to set aside far larger amounts of capital to cover trading risks in future, the country’s top financial watchdog said on Tuesday in a move backed by Europe’s top bank. (more…)