Article ID: c3a131a8e8f1fc9a48b6113971bba7c008b49ba9839c69c0b9630c4cd72c19ae
Source ID: regulatory:risk.net
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Extraction Method: trafilatura
URL: https://www.risk.net/regulation/7963278/us-blows-the-floors-off-basel-iii
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US blows the floors off Basel III Barr criticises “downward deviations” in US rule; Bowman rejects “blind adherence” to global standards US banking regulators have abandoned the output floors they fought hard to include in the internationally agreed Basel III capital standards. The final package of post-crisis capital reforms endorsed by the Basel Committee on Banking Supervision in 2017 limit the extent to which internal models used by banks to calculate capital requirements can undershoot the outputs of regulator-set standardised Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy. If you would like to purchase additional rights please email info@risk.net Copyright Infopro Digital Limited. All rights reserved. You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5. If you would like to purchase additional rights please email info@risk.net More on Regulation EU states take the slow road to new cross-border services ban Late national transposition hampers foreign banks’ decisions on location of affected activities Don’t mention the rules: the fight against prediction market abuse For the CFTC to regulate new venues effectively, it must first redefine insider trading Can the US FRTB revamp make the IMA great again? Banks are finally presented with a viable internal models framework under Basel III’s market risk rules UK rethinking tougher capital rules for US bank subsidiaries US endgame draft would trigger UK Basel III trap floor for foreign banks, but PRA is reviewing EBA proposes drastic overhaul to supervisory data reporting Revamp will cut back the number of datapoints and integrate overlapping reports CFTC wants to regulate prediction markets. Is it up to the task? Former officials echo state gambling authorities’ concerns over agency’s ability to police betting risks EBA seeks to allay Simm divergence concerns EU validator pledges to co-ordinate with global regulators, but retains ability to act alone “if needed” FRTB models find salvation in US Basel III proposal Changes to P&L attribution test and NMRFs make IMA viable for US banks, risk managers say
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