Basel Committee on Banking Supervision

Basel Committee advises on cover payments

The Basel Committee on Banking Supervision on Tuesday issued its final guidelines on cover payment messages related to cross-border wire transfers, which can be used for money laundering and terrorist financing.

FSF details reform proposals

A leverage ratio, less risky pay deals and closer work on cross-border contingency planning are among the measures for a new global regulatory code outlined by the Financial Stability Forum on Wednesday.

Wellink: long-term fix will abate near-term fears

A clear outline of the post-crisis regulatory landscape would help allay short-term fears, Nout Wellink, the president of the Netherlands Bank and the chairman of the Basel Committee on Banking Supervision, has said. Wellink also indicated that the…

Recovery a long way off: Wellink

Despite strong interventions, recovery of the banking system seems a long way off, said Nout Wellink, the president of the Netherlands Bank and chairman of the Basel Committee on Banking Supervision.

Basel's Wellink outlines vision for Basel II

Nout Wellink, the chairman of the Basel Committee on Banking Supervision and president of the Netherlands Bank, on Monday detailed the committee's plans to improve its much-maligned Basel II framework.

Scrap bonuses - Basel Committee's Wellink

Bonuses for executives in the financial sector could be scrapped altogether, said Nout Wellink, the president of the Netherlands Bank and the chairman of the Basel Committee on Banking Supervision.

A firm-wide view of risk exposure crucial

Risk concentrations at most financial conglomerates are still mainly identified, measured and managed within separate risk categories and business lines, notes the Joint Forum of the Basel Committee on Banking Supervision in a new review.

Risk management and regulation in banking

A joint workshop by the Basel Committee on Banking Supervision, the Centre for Economic Policy Research (London), and the Journal of Financial Intermediation, will be held at the Bank for International Settlements, Basel, Switzerland, 29-30 June 2006.

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