May 17 (Reuters) - New Zealand's central bank revoked Australia and New Zealand Banking Group's local unit's ability to autonomously asses its risk capital requirement on Friday, citing persistent ...
The Federal Deposit Insurance Corporation issued the following statement by Board Member Martin J. Gruenberg on the standardized approach for counterparty credit risk:. "This provision would weaken ...
Our news journalists obtained a quote from the research, "As a direct consequence, the SMA offers no incentives to invest in insurance coverage in order to keep the risk profile under control. Even ...
06 October 2005 With the Basle II Revised Framework now very much in the forefront of banks' priorities, it is now a prerequisite that banks demonstrate a sound operational risk management and control ...
On July 27, 2023, the U.S. Federal Reserve released its long-anticipated Notice of Proposed Rulemaking (NPR), introducing sweeping changes to capital management and regulatory reporting. The proposal ...
James Gorman, chairman and chief executive of Morgan Stanley, said during a Senate Banking Committee hearing this week that the proposed operational risk provision in the Basel III endgame capital ...