Basel III

Recent Articles

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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

  Bart Joosen News­let­ters on Dutch Bank­ing

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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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  13.09.2010

  Fin­an­cial reg­u­la­tion of banks – ac­count­ing, stress test­ing, se­cur­it­isa­tion, cred­it rat­ing

  More realistic accounts The issue: Bank accounting rules and audits did not provide any advance warning of the crisis for investors or the market. Regulators did not understand the implications of the narrow basis on which bank accounts are prepared (or how this undermined the effectiveness of the regulatory capital regime under Basel rules) and they did not appreciate (or concernthemselves with) the implications of accounting decisions by firms or their auditors. Key areas of concern are the restrictive basis for recognising impairment of loans and the “fair value” (i.e. mark-to-market)...

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