http://www.bis.org/list/bcbs/index.rss Publications and updates by the Basel Committee on Banking Supervision (BCBS), including on topics related to the Basel II Framework and its implementation. en http://www.bis.org/publ/bcbs249.htm Abstract of "Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform", April 2013 Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform 2013-04-12T08:00:00Z Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Finance Ministers and Central Bank Governors on progress in adoption of the Basel III regulatory reforms since the Basel Committee on Banking Supervision issued its October 2012 report. The scope of this update is broader than previous progress reports to the G20. In addition to reporting on the steps taken by Basel Committee member jurisdictions towards implementing the Basel III capital standards, which was the focus of the last report, this update also covers developments in other Basel III regulatory standards, and banks' progress in bolstering their capital bases. The report also highlights specific implementation-related shortcomings that are surfacing, which require continued policy and operational attention. Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform 2013-04-12T08:00:00Z BIS peer review level 1 level 2 level 3 RCAP PDF version http://www.bis.org/publ/bcbs249.pdf April 2013 Bank for International Settlements: BCBS Publications 249 http://www.bis.org/publ/bcbs248.htm Abstract of "Monitoring tools for intraday liquidity management - final document", April 2013 Monitoring tools for intraday liquidity management - final document 2013-04-11T09:00:00Z This document is the final version of the Committee's Monitoring tools for intraday liquidity management. It was developed in consultation with the Committee on Payment and Settlement Systems to enable banking supervisors to better monitor a bank's management of intraday liquidity risk and its ability to meet payment and settlement obligations on a timely basis. Over time, the tools will also provide supervisors with a better understanding of banks' payment and settlement behaviour. Monitoring tools for intraday liquidity management - final document 2013-04-11T09:00:00Z BIS liquidity risk management liquidity sources liquidity needs Monitoring tools Net cumulative position PDF version http://www.bis.org/publ/bcbs248.pdf April 2013 Bank for International Settlements: BCBS Publications 248 http://www.bis.org/publ/bcbs247.htm Abstract of "Progress report on implementation of the Basel regulatory framework", April 2013 Progress report on implementation of the Basel regulatory framework 2013-04-04T07:29:00Z This report provides the adoption status of Basel II, Basel 2.5 and Basel III regulations for each Basel Committee member jurisdiction as of end-March 2013. It updates the Committee's previous semi-annual progress reports published in October 2011, April 2012 and October 2012. Progress report on implementation of the Basel regulatory framework 2013-04-04T07:29:00Z BIS Japan G20 Compliance level 1 level 2 european union level 2 assessments USA PDF version http://www.bis.org/publ/bcbs247.pdf April 2013 Bank for International Settlements: BCBS Publications 247 http://www.bis.org/publ/bcbs246.htm Full text of "Supervisory framework for measuring and controlling large exposures", March 2013 Supervisory framework for measuring and controlling large exposures 2013-03-25T09:49:00Z The proposal set out in this consultative document would strengthen capital requirements when banks engage in certain high-cost credit protection transactions. Supervisory framework for measuring and controlling large exposures 2013-03-25T09:49:00Z BIS risk exposures large exposures PDF version http://www.bis.org/publ/bcbs246.pdf March 2013 Bank for International Settlements: BCBS Publications 246 http://www.bis.org/publ/bcbs245.htm Full text of "Recognising the cost of credit protection purchased", March 2013 Recognising the cost of credit protection purchased 2013-03-22T08:52:00Z The proposal set out in this consultative document would strengthen capital requirements when banks engage in certain high-cost credit protection transactions. Recognising the cost of credit protection purchased 2013-03-22T08:52:00Z BIS securitisation maturity mismatch premia, significant risk transfer credit risk mitigation high-cost credit protection CDS first loss CRM rebate mechanism contingent premium regulatory arbitrage spread income credit protection cost net present value proportional premium PDF version http://www.bis.org/publ/bcbs245.pdf March 2013 Bank for International Settlements: BCBS Publications 245 http://www.bis.org/publ/bcbs244.htm Full text of "External Audits of Banks", March 2013 External audits of banks - consultative document 2013-03-21T16:44:00Z The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have today published a second consultative paper which represents a near-final proposal on margin requirements for non-centrally-cleared derivatives. External audits of banks - consultative document 2013-03-21T16:44:00Z BIS audit external auditors audit committee audit firms risks of material mistatement professional scepticism PDF version http://www.bis.org/publ/bcbs244.pdf March 2013 Bank for International Settlements: BCBS Publications 244 http://www.bis.org/bcbs/implementation/l2_sg.pdf Basel III regulatory consistency assessment (Level 2). Assessment of Basel III regulations - Singapore Basel III regulatory consistency assessment (Level 2). Assessment of Basel III regulations - Singapore 2013-03-20T16:34:00Z 174 kb Basel III regulatory consistency assessment (Level 2). Assessment of Basel III regulations - Singapore, March 2013 Basel III regulatory consistency assessment (Level 2). Assessment of Basel III regulations - Singapore 2013-03-20T16:34:00Z BIS Singapore Basel III assessment level 2 capital requirements directive Basel capital standards March 2013 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs243.htm Abstract of "Results of the Basel III monitoring exercise as of 30 June 2012", March 2013. This report presents the results of the Basel Committee's Basel III monitoring exercise. The study is based on rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. Results of the Basel III monitoring exercise as of 30 June 2012 2013-03-19T08:39:00Z This report presents the results of the Basel Committee's Basel III monitoring exercise. The study is based on rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. Results of the Basel III monitoring exercise as of 30 June 2012 2013-03-19T08:39:00Z BIS Monitoring QIS basel iii impact PDF version http://www.bis.org/publ/bcbs243.pdf March 2013 Bank for International Settlements: BCBS Publications 243 http://www.bis.org/publ/bcbs241.htm Full text of "Supervisory guidance for managing risks associated with the settlement of foreign exchange transactions", February 2013 Supervisory guidance for managing risks associated with the settlement of foreign exchange transactions 2013-02-15T08:21:00Z The purpose of this guidance is to provide updated guidance to supervisors and the banks they supervise on approaches to managing the risks associated with the settlement of FX transactions. This guidance expands on, and replaces, the BCBS's Supervisory guidance for managing settlement risk in foreign exchange transactions published in September 2000. Supervisory guidance for managing risks associated with the settlement of foreign exchange transactions 2013-02-15T08:21:00Z BIS Payment-versus-payment (PVP) arrangements FX settlements-related risks PDF version http://www.bis.org/publ/bcbs241.pdf February 2013 Bank for International Settlements: BCBS Publications 241 http://www.bis.org/publ/bcbs242.htm Full text of " Margin requirements for non-centrally cleared derivatives - Second Consultative Document", February 2013 Margin requirements for non-centrally cleared derivatives - Second consultative document 2013-02-15T08:21:00Z The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have today published a second consultative paper which represents a near-final proposal on margin requirements for non-centrally-cleared derivatives. Margin requirements for non-centrally cleared derivatives - Second consultative document 2013-02-15T08:21:00Z BIS liquidity OTC derivatives CCP collateral initial margins variation margins G20 Reforms re-hypothecation non-centrally cleared PDF version http://www.bis.org/publ/bcbs242.pdf February 2013 Bank for International Settlements: BCBS Publications 242 http://www.bis.org/publ/joint30.htm Summary of Mortgage insurance: market structure, underwriting cycle and policy implications - Consultative paper released by the Joint Forum, February 2013. Mortgage insurance: market structure, underwriting cycle and policy implications - Consultative paper released by the Joint Forum 2013-02-11T07:46:00Z This consultative report on Mortgage insurance: market structure, underwriting cycle and policy implications examines the interaction of mortgage insurers with mortgage originators and underwriters. The report sets out the following recommendations directed at policymakers and supervisors with the aim of reducing the likelihood of mortgage insurance stress and failure in such tail events. Mortgage insurance: market structure, underwriting cycle and policy implications - Consultative paper released by the Joint Forum 2013-02-11T07:46:00Z BIS insurance regulation supervision cycles mortgages mortgage originators incentives arbitrage PDF version http://www.bis.org/publ/joint30.pdf February 2013 Bank for International Settlements: BCBS Publications 30 http://www.bis.org/publ/bcbs240.htm Abstract of "Regulatory consistency assessment programme (RCAP) - Analysis of risk-weighted assets for market risk", January 2013. This analysis of risk-weighted assets in the trading book is part of the wider Regulatory Consistency Assessment Programme (RCAP) initiated by the Committee in 2012; a similar analysis is currently under way for the banking book. The programme aims to ensure consistent implementation of the Basel framework, which will help strengthen the resilience of the global banking system, maintain market confidence in regulatory ratios and provide a level playing field for banks operating internationally. The report brings together two pieces of analysis. The first is based on an examination of publicly available bank data for a selection of large banks. It also contains the results of a hypothetical test portfolio exercise, in which 15 internationally active banks participated. The Basel Committee plans to conduct a further hypothetical test portfolio exercise later this year. This will include other, more complex, hypothetical test portfolios, with the aim of helping the Committee to deepen its analysis of the variation in risk measurement of trading books across banks. This report is a revised version of the report published in January 2013. The revision reflects a modification to Figure 9 regarding the results for portfolio 26. Regulatory consistency assessment programme (RCAP) - Analysis of risk-weighted assets for market risk 2013-01-31T10:30:00Z This analysis of risk-weighted assets in the trading book is part of the wider Regulatory Consistency Assessment Programme (RCAP) initiated by the Committee in 2012; a similar analysis is currently under way for the banking book. The programme aims to ensure consistent implementation of the Basel framework, which will help strengthen the resilience of the global banking system, maintain market confidence in regulatory ratios and provide a level playing field for banks operating internationally. The report brings together two pieces of analysis. The first is based on an examination of publicly available bank data for a selection of large banks. It also contains the results of a hypothetical test portfolio exercise, in which 15 internationally active banks participated. The Basel Committee plans to conduct a further hypothetical test portfolio exercise later this year. This will include other, more complex, hypothetical test portfolios, with the aim of helping the Committee to deepen its analysis of the variation in risk measurement of trading books across banks. This report is a revised version of the report published in January 2013. The revision reflects a modification to Figure 9 regarding the results for portfolio 26. Regulatory consistency assessment programme (RCAP) - Analysis of risk-weighted assets for market risk 2013-01-31T10:30:00Z BIS VAR Trading Book RWA Incremental risk charge IRC hypothetical test portfolio exercise SIGTB sVaR stressed value at risk PDF version http://www.bis.org/publ/bcbs240.pdf January 2013 Bank for International Settlements: BCBS Publications 240 http://www.bis.org/bcbs/charter.htm New charter on the Basel Committee, January 2013 Basel Committee on Banking Supervision (BCBS) Charter 2013-01-21T17:00:00Z Basel Committee on Banking Supervision (BCBS) Charter 2013-01-21T17:00:00Z BIS PDF version http://www.bis.org/bcbs/charter.pdf January 2013 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs239.htm Abstract of "Principles for effective risk data aggregation and risk reporting", January 2013. The financial crisis that began in 2007 revealed that many banks, including global systemically important banks (G-SIBs), were unable to aggregate risk exposures and identify concentrations fully, quickly and accurately. This meant that banks' ability to take risk decisions in a timely fashion was seriously impaired with wide-ranging consequences for the banks themselves and for the stability of the financial system as a whole. The Basel Committee's Principles for effective risk data aggregation will strengthen banks' risk data aggregation capabilities and internal risk reporting practices. Implementation of the principles will strengthen risk management at banks - in particular, G-SIBs - thereby enhancing their ability to cope with stress and crisis situations. Principles for effective risk data aggregation and risk reporting 2013-01-09T11:00:00Z The financial crisis that began in 2007 revealed that many banks, including global systemically important banks (G-SIBs), were unable to aggregate risk exposures and identify concentrations fully, quickly and accurately. This meant that banks' ability to take risk decisions in a timely fashion was seriously impaired with wide-ranging consequences for the banks themselves and for the stability of the financial system as a whole. The Basel Committee's Principles for effective risk data aggregation will strengthen banks' risk data aggregation capabilities and internal risk reporting practices. Implementation of the principles will strengthen risk management at banks - in particular, G-SIBs - thereby enhancing their ability to cope with stress and crisis situations. Principles for effective risk data aggregation and risk reporting 2013-01-09T11:00:00Z BIS bank resolution corporate governance data aggregation Risk reporting PDF version http://www.bis.org/publ/bcbs239.pdf January 2013 Bank for International Settlements: BCBS Publications 239 http://www.bis.org/publ/bcbs238.htm Abstract of "Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools", January 2013. The Basel Committee has issued the full text of the revised Liquidity Coverage Ratio (LCR) following endorsement on 6 January 2013 by its governing body - the Group of Central Bank Governors and Heads of Supervision (GHOS). The LCR is an essential component of the Basel III reforms, which are global regulatory standards on bank capital adequacy and liquidity endorsed by the G20 Leaders. Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools 2013-01-07T16:01:00Z The Basel Committee has issued the full text of the revised Liquidity Coverage Ratio (LCR) following endorsement on 6 January 2013 by its governing body - the Group of Central Bank Governors and Heads of Supervision (GHOS). The LCR is an essential component of the Basel III reforms, which are global regulatory standards on bank capital adequacy and liquidity endorsed by the G20 Leaders. Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools 2013-01-07T16:01:00Z BIS liquidity coverage ratio Basel III LCR PDF version http://www.bis.org/publ/bcbs238.pdf January 2013 Bank for International Settlements: BCBS Publications 238