Basel III

Recent Articles

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    04/07/2023

    Basel 3.1: How calculating risk is changing for banks

    The Prudential Regulation Authority (PRA) recently consulted on how it plans to implement the Basel 3.1 standards in the UK. The Basel 3.1 standards are the remaining parts of the Basel III standards that were to be implemented in the UK, which aim to strengthen the regulation, supervision and risk management of banks. The PRA’s proposals in its Consultation Paper 16/22 (Consultation Paper) will closely align the UK with international standards by making significant changes to the way firms calculate risk weighted assets (RWA). This will alter, amongst other things, the way in which banks...
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    11/04/2018

    Securitisation Regulation: 60 minutes to understand the new rules and issues

    CMS cordially invite you to attend a webinar: 11 April 2018 | 10:00 UK/ 11:00 CET Securitisation Regulation: 60 minutes to understand the new rules and issues This webinar will last one hour (including a Q&A session) and will provide an update on new EU regulations regarding securitisation. Four expert speakers from the UK, France and Spain will cover the areas you need to be aware of. Agenda: Scope of the new regulations (STS and CRR treatment) New rules applicable to any EU securitisation STS CRR/other directive changes REGISTER NOW
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    09/06/2016

    Brexit: Impact on debt finance transactions

    Regulatory change for lenders You will find a series of reports that look at the impact of a Brexit on the regulatory position of lenders and other Financial Institutions here. Increased costs Brexit is likely to require changes in law that will engage the increased costs clauses in facilities agreements. We anticipate that increased costs clauses will become a focus of negotiation as the date for Brexit approaches following a “leave” result in the referendum, in the same way that they did in the lead up to the implementation of the Basel II and Basel III capital adequacy regimes....
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    20/09/2014

    A selection of Dutch regulatory news

    Act to amend the Financial Markets Act 2015 On 5 June 2014 a memorandum of amendment was published relating to a proposed Act to amend the Financial Markets Act 2015. This introduces a prohibition for manipulation of benchmarks and a number of technical changes to the Financial Services Act (Wft), and the Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft) for the Netherlands and the BES Islands (Bonaire, St. Eustatius and Saba). The letter of memorandum relates to was submitted to parliament on 10 April 2014. It includes: the extension of suitability and Integrity screening and the...
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    15/01/2012
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    12/09/2011

    Publication of the final report of ICB

    An analysis of the Commission’s Interim Report in April 2011, which discusses in detail many of the measures which went on to be final recommendations, is available here. Instead of advocating an EU solution, the Commission has proposed a ring-fence which applies only to those banks unlucky enough to be incorporated in the UK. This reverse discrimination could penalise UK banks whilst leaving the UK market open to European banks which benefit from lighter regulation and freedom from the new rules under the EU single market system. The Commission estimates the cost impact of the changes...
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