http://www.bis.org/list/bcbs_sp/from_01012011/index.rss Collection of speeches by the Basel Committee on Banking Supervision 2011 to 2012 en http://www.bis.org/speeches/sp121115.htm Remarks by Mr Stefan Ingves, Governor of Sveriges Riksbank and Chairman of the Basel Committee on Banking Supervision, at the 7th High-Level Meeting jointly organised by the Association of Supervisors of Banks of the Americas, the Basel Committee on Banking Supervision and the Financial Stability Institute, Panama City, Panama, 15 November 2012. When we met last year in San Francisco, I called for action on two items: first, guarding against supervisory complacency, and second, putting into practice the regulatory reforms that were developed to raise the resilience of banks and banking systems to future shocks. These two themes - putting policies into practice, and recognising supervision as an essential complement to regulation - continue to pervade the Basel Committee's work. I am going to repeat these themes today, although in doing so I am not suggesting we have failed in our efforts in the past. On the contrary, we have ... Current focus of the Basel Committee: Raising the bar 2012-11-15T15:00:00Z Remarks by Mr Stefan Ingves, Governor of Sveriges Riksbank and Chairman of the Basel Committee on Banking Supervision, at the 7th High-Level Meeting jointly organised by the Association of Supervisors of Banks of the Americas, the Basel Committee on Banking Supervision and the Financial Stability Institute, Panama City, Panama, 15 November 2012. When we met last year in San Francisco, I called for action on two items: first, guarding against supervisory complacency, and second, putting into practice the regulatory reforms that were developed to raise the resilience of banks and banking systems to future shocks. These two themes - putting policies into practice, and recognising supervision as an essential complement to regulation - continue to pervade the Basel Committee's work. I am going to repeat these themes today, although in doing so I am not suggesting we have failed in our efforts in the past. On the contrary, we have made good progress in both areas. But more needs to be done. I will share with you today some of the Committee's efforts to further these objectives. I will also say a few words about our ongoing policy work since there is also more to be done to fully reflect lessons learnt from the crisis. Current focus of the Basel Committee: Raising the bar 2012-11-15T15:00:00Z BIS PDF version http://www.bis.org/speeches/sp121115.pdf Stefan Ingves Ingves Mr Governor Sveriges Riksbank http://www.bis.org/speeches/sp121106.htm Remarks by Wayne Byres, Secretary of the Basel Committee on Banking Supervision, prepared for the Financial Stability Institute's 6th Biennial Conference on Risk Management and Supervision, Basel, 6 November 2012. Basel III: Necessary, but not sufficient 2012-11-06T13:25:00Z Remarks by Wayne Byres, Secretary of the Basel Committee on Banking Supervision, prepared for the Financial Stability Institute's 6th Biennial Conference on Risk Management and Supervision, Basel, 6 November 2012. The Basel Committee regards its continuing partnership with the FSI as both important and highly productive. This conference is a great example of the FSI's ability to bring regulators and supervisors together from around the globe to discuss important regulatory issues. The agenda for today and tomorrow looks extremely interesting, and the range and quality of speakers is impressive. We are very pleased to be able to support this Conference, and I hope you all have an enjoyable stay in Basel. Basel III: Necessary, but not sufficient 2012-11-06T13:25:00Z BIS PDF version http://www.bis.org/speeches/sp121106.pdf Wayne Byres Byres Mr Secretary General of the Basel Committee on Banking Supervision Bank for International Settlements http://www.bis.org/speeches/sp121024.htm Remarks by Wayne Byres, Secretary General of the Basel Committee on Banking Supervision, to the Bank of Portugal conference on "Global Risk Management: Governance and Control", Lisbon, 24 October 2012. Regulatory reforms - incentives matter (can we make bankers more like pilots?) 2012-10-24T14:35:00Z Remarks by Wayne Byres, Secretary General of the Basel Committee on Banking Supervision, to the Bank of Portugal conference on "Global Risk Management: Governance and Control", Lisbon, 24 October 2012. The topic "Global Risk Management: Governance and Control" is an important one at any time, but it is particularly crucial in the current environment when banks need the strongest possible governance and control if they are to successfully navigate a very difficult external environment. Regulatory reforms - incentives matter (can we make bankers more like pilots?) 2012-10-24T14:35:00Z BIS PDF version http://www.bis.org/speeches/sp121024.pdf Wayne Byres Byres Mr Secretary General of the Basel Committee on Banking Supervision Bank for International Settlements http://www.bis.org/review/r121017b.pdf Op-ed by Mr Stefan Ingves, Governor of the Sveriges Riksbank and Chairman of the Basel Committee on Banking Supervision, published in the Wall Street Journal, 15 October 2012. Stefan Ingves: Basel III is simpler and stronger 2012-10-17T09:29:00Z 22 kb Stefan Ingves: Basel III is simpler and stronger 2012-10-17T09:29:00Z BIS Stefan Ingves Ingves Mr Governor Sveriges Riksbank http://www.bis.org/speeches/sp120913.htm Remarks by Mr Stefan Ingves, Governor of Sveriges Riksbank and Chairman of the Basel Committee on Banking Supervision, at the 17th International Conference of Banking Supervisors, Istanbul, 13 September 2012. This ICBS will focus on the challenges we are facing to improve supervisory practices, building on what we have learned in the recent past. Regulatory reform: getting it done 2012-09-13T12:20:00Z Remarks by Mr Stefan Ingves, Governor of Sveriges Riksbank and Chairman of the Basel Committee on Banking Supervision, at the 17th International Conference of Banking Supervisors, Istanbul, 13 September 2012. This ICBS will focus on the challenges we are facing to improve supervisory practices, building on what we have learned in the recent past. The starting point for such improvements and the foundation of all bank supervisory frameworks is the Core Principles for Effective Banking Supervision, which will be the topic of discussion on this first day of the ICBS... Regulatory reform: getting it done 2012-09-13T12:20:00Z BIS Stefan Ingves Ingves Mr Governor Sveriges Riksbank http://www.bis.org/speeches/sp120120.htm Introductory remarks of Stefan Ingves, Chairman of the Basel Committee on Banking Supervision and Governor of Sveriges Riksbank, for the roundtable discussion at the European Ideas Network Seminar on "Long-term growth: organizing the stability and attractiveness of European Financial Markets", Berlin (Deutsche Bank), 19-20 January 2012. "I will set out the basis for the Basel Committee's response to this question, which is an unqualified "yes". I will say a few words about the Committee's view and the actions we have taken on SIFIs that have been strongly influenced by ... SIFIs: is there a need for a specific regulation on systematically important financial institutions? 2012-01-20T13:27:00Z Introductory remarks of Stefan Ingves, Chairman of the Basel Committee on Banking Supervision and Governor of Sveriges Riksbank, for the roundtable discussion at the European Ideas Network Seminar on "Long-term growth: organizing the stability and attractiveness of European Financial Markets", Berlin (Deutsche Bank), 19-20 January 2012. "I will set out the basis for the Basel Committee's response to this question, which is an unqualified "yes". I will say a few words about the Committee's view and the actions we have taken on SIFIs that have been strongly influenced by recent experience. I will then review how our response will help to address the "too-big-to-fail" issue. Our work on this issue is ongoing and I will then say a few words about the Committee's current efforts. I will conclude by sharing with you my thoughts on the direction of future work related to global systemically important banks - or G-SIBs." SIFIs: is there a need for a specific regulation on systematically important financial institutions? 2012-01-20T13:27:00Z BIS Stefan Ingves Ingves Mr Governor Sveriges Riksbank http://www.bis.org/speeches/sp111116.htm Remarks of Stefan Ingves, Chairman of the Basel Committee on Banking Supervision and Governor of Sveriges Riksbank, prepared for the FSI-ASBA 6th high-level meeting: "Strengthening financial sector supervision and regulatory priorities in the Americas", San Francisco, United States, 16 November 2011. Talk is Cheap - Putting Policies into Practice 2011-11-16T17:30:00Z The theme of this conference is "Strengthening financial sector supervision and regulatory priorities in the Americas". Basel III, which I believe will play an important role in strengthening supervision and regulation, has been substantially completed. The development process was a difficult one but now the real challenge begins: and that is implementation. The framework addresses the weaknesses that contributed to the global financial crisis. Full, timely, consistent and global implementation of the Basel III rules will help avert or mitigate future crises. Talk is Cheap - Putting Policies into Practice 2011-11-16T17:30:00Z BIS PDF version http://www.bis.org/speeches/sp111116.pdf Stefan Ingves Ingves Mr Governor Sveriges Riksbank http://www.bis.org/speeches/sp111014.htm Speech by Mr Jaime Caruana, General Manager of the BIS, at the Bank of Portugal conference on "Basel III and the new challenges for supervisors, risk managers and auditors", Lisbon, 14 October 2011. Full, timely and global implementation of Basel III and other reforms is essential for strengthening the financial system. Responsibility for Basel III does not rest only with the regulatory community. Bank boards, senior management and risk managers all have a clear role in adapting to the new framework. Auditors also play a key part in ... Basel III: New strains and old debates - challenges for supervisors, risk managers and auditors 2011-10-14T15:30:00Z Full, timely and global implementation of Basel III and other reforms is essential for strengthening the financial system. Responsibility for Basel III does not rest only with the regulatory community. Bank boards, senior management and risk managers all have a clear role in adapting to the new framework. Auditors also play a key part in providing independent and disciplined review and feedback on management's efforts. But regulation is only part of the broader public policy agenda. We need to continue with the finalisation and implementation of regulatory reform. Safeguarding financial stability, however, requires action in all areas of public policy - including fiscal, monetary and macroprudential measures. These policies need to take a long-term view and to better internalise systemic risk. And, lastly, various institutional reforms and private sector reforms are essential if confidence in the financial system is to be restored. The private sector also has a vital part to play in building a more resilient financial system. Basel III: New strains and old debates - challenges for supervisors, risk managers and auditors 2011-10-14T15:30:00Z BIS Caruana Jaime Caruana PDF version http://www.bis.org/speeches/sp111014.pdf Jaime Caruana Caruana Mr General Manager Bank for International Settlements http://www.bis.org/speeches/sp110711.htm Speech by Mr Jaime Caruana, General Manager of the BIS, at the annual Pierre Werner Lecture, Luxembourg, 7 July 2011. Despite significant progress in a number of crucial areas since the global financial crisis, the global economy and financial system remain vulnerable to unexpected shocks, and the likelihood of some adverse scenarios materialising has not decreased. There remain important challenges for financial reform. These fall into four broad groups. First, there is a need to consistently implement the substantial... Regulatory reform: remaining challenges 2011-07-11T13:19:00Z Despite significant progress in a number of crucial areas since the global financial crisis, the global economy and financial system remain vulnerable to unexpected shocks, and the likelihood of some adverse scenarios materialising has not decreased. There remain important challenges for financial reform. These fall into four broad groups. First, there is a need to consistently implement the substantial reforms already agreed. Basel III raises the level and quality of capital in the system, improves risk capture, calls for the conversion of all regulatory capital to common equity at the point of non-viability and, for the first time, sets standards for liquidity. Second, there is a need to build a resilient financial system given a still weak recovery. Two studies conducted last year under the auspices of the BIS found that the growth costs of implementing Basel III, both in the transition and in the steady state, are likely to be modest, and far outweighed by the benefits. A sound recovery is contingent on having a secure financial system. Third, there is a need to complete the regulatory reform agenda. In particular, systemically important financial firms need higher loss absorption capacity and sound resolution frameworks, while the risks relating to shadow banking must be monitored and reduced. And fourth, there is a need to ensure adequate oversight, both macroprudential oversight and more proactive prudential supervision. Completing the regulatory reform agenda and seeing that it is implemented are part of the broader challenge of providing a framework for macroeconomic stability. All three elements of policy - fiscal, monetary and prudential - will need to work together to deliver strong, sustainable global growth. Regulatory reform: remaining challenges 2011-07-11T13:19:00Z BIS Caruana Jaime Caruana PDF version http://www.bis.org/speeches/sp110711.pdf Jaime Caruana Caruana Mr General Manager Bank for International Settlements http://www.bis.org/speeches/sp110524.pdf Remarks of Nout Wellink, Chairman of the Basel Committee on Banking Supervision and President of De Nederlandsche Bank at the FSI High-Level Meeting on the New Framework to Strengthen Financial Stability and Regulatory Priorities, St. Petersburg, Russia, 24 May 2011. Basel III: a roadmap to better banking regulation and supervision 2011-05-24T05:00:00Z 35 kb Basel III: a roadmap to better banking regulation and supervision 2011-05-24T05:00:00Z BIS Nout Wellink Wellink Dr President Netherlands Bank http://www.bis.org/speeches/sp110406.htm Speech by Stefan Walter, Secretary General, Basel Committee on Banking Supervision, at a Conference on Basel III by the Financial Stability Institute, Basel, 6 April 2011. Basel III: stronger banks and a more resilient financial system 2011-04-06T07:45:00Z It is has now been three and a half years since the global financial crisis began. The banking sector and financial system have now been stabilised. But this required unprecedented public sector interventions. Despite the severity of the crisis, we are already seeing signs that its lessons are beginning to fade. At the same time, there are still significant risks on the horizons, while key reforms still need to be carried through if we are to achieve a truly stable banking and financial system. Basel III: stronger banks and a more resilient financial system 2011-04-06T07:45:00Z BIS PDF version http://www.bis.org/speeches/sp110406.pdf Stefan Walter Walter Mr Secretary General of the Basel Committee on Banking Supervision Bank for International Settlements http://www.bis.org/speeches/sp110127.pdf Remarks of Nout Wellink, Chairman of the Basel Committee on Banking Supervision and President of De Nederlandsche Bank at the FSI High Level Meeting on "The Emerging Framework to Strengthen Banking Regulation and Financial Stability" for Africa, Cape Town, South Africa, 27 January 2011. The New Framework for Banking Supervision 2011-01-27T09:48:00Z 33 kb The New Framework for Banking Supervision 2011-01-27T09:48:00Z BIS Nout Wellink Wellink Dr President Netherlands Bank http://www.bis.org/speeches/sp110118.pdf Remarks of Nout Wellink, Chairman of the Basel Committee on Banking Supervision and President of De Nederlandsche Bank at the High Level Meeting on Better Supervision and Better Banking in a Post-crisis Era, FSI and EMEAP Working Group on Banking Supervision (hosted by Bank Negara Malaysia), Kuala Lumpur, Malaysia, 17 January 2011. Basel III and beyond 2011-01-18T15:06:00Z 35 kb Basel III and beyond 2011-01-18T15:06:00Z BIS Nout Wellink Wellink Dr President Netherlands Bank