The unbundling of research from trading commissions represents a major change in the way banks and brokerages produce analysis for their clients and the French supervisor has taken a lead in this debate by appealing for a level playing field and an end to ‘gold-plating’. By Justin Pugsley.
Examining the banking regulations that make you mad
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The fundamental review of the trading book by the Basel Committee on Banking Supervision is proving a tough piece of prudential regulation to implement, because it probes weaknesses such as banks’ siloed nature and differing data standards across departments. Justin Pugsley investigates.
Reviving Europe's moribund securitisation market was always going to be difficult, partly due to the harsher capital treatment meted out by the Basel Committee on Banking Supervision. But proposals being discussed in the European Parliament risk smothering it completely – if they ever see the light of day. By Justin Pugsley
There is growing exasperation in the banking community regarding the Basel Committee on Banking Supervision’s desire to reduce variations in bank risk-weighted assets in the name of simplifying comparisons, writes Justin Pugsley.
Among banks and brokers there has been a lot of concern about the EU’s trade reporting obligations, but some recent concessions have made the burden a little easier, writes Justin Pugsley.
The Basel Committee has decided that banks should not be allowed to use internal models to measure capital requirements for operational risk.