Hints and tips:
...“The EU is implementing Basel III in a way that these requirements apply to all banks — that provides an additional layer of safety in the prudential regulation of EU banks,” said Dombrovskis....
...It might also facilitate work by Joe Kennedy III, US special envoy to Northern Ireland for economic affairs, to foster more American investment in the region....
...He has established a trustee advisory board, which includes Rockefeller Capital Management chief executive Greg Fleming; secured Millennium’s capital base by moving the vast majority of investors into a...
...The UK is also lagging behind the EU on banking reforms, known as the finalisation of Basel III....
...The clampdown on cross-border sales is part of the commission’s latest rules on bank capital requirements, which will give a legal basis to the global Basel III bank capital standards....
...The European Commission confirmed on Wednesday that the new EU rules to implement the final part of the Basel III agreement will come into effect in 2025....
...Carolyn Rogers, secretary-general of the Basel Committee for Banking Supervision, said the new rules were “a really important final chapter” in the overhaul of capital regulations known as Basel III....
...They are part of the EU’s next package of banking legislation which mostly centres on giving legal basis to the Basel III global banking capital standards....
...Among the other matters looming in McGuinness’s portfolio is the launch of new bank capital rules implementing the global Basel III accord....
...The European Commission is expected to propose the rules — part of the international Basel III banking reforms — in September or October....
...To date lenders have weathered it relatively well — thanks in part to regulators’ demands for higher capital and liquidity levels, writes Sam Fleming in Brussels....
...Of course, Bond’s creator, Ian Fleming, had already brought impressive amounts of brand-related snobbery to his masterpieces....
...Even beyond the confines of the casinos, these days there is little of the sordidly romantic “scent and smoke and sweat” of late-night gambling, as described by Ian Fleming in Casino Royale....
...Regulators insist that the measures, which complete the Basel III rule book drawn up after the 2008 financial crisis, will boost banks’ resilience to shocks....
...mehreen.khan@ft.com; @mehreenkhnsam.fleming@ft.com; @Sam1Fleming...
...The Westminster “halo” tiara was fashioned by Lacloche in the oriental “bandeau” style to include the Arcot diamonds, once belonging to Queen Charlotte, consort to George III....
...The lawmaker told the New York Times that the president was treating his office like a reality television show with threats to other countries that could propel the US “on the path to World War III”....
...Devised as part of the global Basel III reforms, the ratio tries to pick up on potential threats to the financial system that are not covered by other measures of bank capital....
...Additional reporting by Barney Jopson in Washington Follow Sam Fleming and Demetri Sevastopulo on Twitter: @sam1fleming, @dimi Letter in response to this article: US safety is more a matter of guns than...
...Stonehage Fleming, the multi-family office, reminds clients of further contrasts with the last tech boom....
...For some light pre-statement reading, we recommend: – Recession Watch and the Global Reach of Fed Policy, by David Beckworth – Five Questions for Janet Yellen, by Tim Duy – QE, Basel III and the Fed’s...
...Our colleague Sam Fleming recently interviewed New York Fed president Bill Dudley and asked him about the possibility of the Fed’s maintaining a larger balance sheet indefinitely in conjunction with the...
...Mr Pozsar says tougher regulations under Basel III will encourage many banks to shed institutional deposits that are costly to maintain, and billions could flow out of non-interest bearing deposits and into...
...Global regulators in January issued revised proposals for the NSFR, saying it was an essential component of the Basel III reforms aimed at making banks more resilient....
...Regulators are bringing in a global standard for the leverage ratio as part of the Basel III reform package, proposing a 3 per cent minimum, but some national regulators are seeking to go further....
International Edition