Financial Regulatory Forum

Supervisor rejects big overhaul of Basel bank rules

By Reuters Staff
June 30, 2009

    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 Reuters Staff
June 30, 2009

  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…)