Regulation
Anglo restructuring deal to be sealed in January: Ireland’s Honohan
Central Bank of Ireland governor Patrick Honohan says Anglo restructuring proposal will be approved by end-January; Irish banks face capital, liquidity assessments
Israel names Hizkiyahu successor
David Zaken named supervisor of banks; Zaken to replace Rony Hizkiyahu at the end of the year
Bahrain’s Al-Maraj calls for new Islamic finance business model
Central Bank of Bahrain governor Rasheed Al-Maraj says Islamic financial institutions should cover essential activities to generate more steady income stream
How to ease Basel III costs: BIS
Bank for International Settlements study says banks can increase lending spreads to recoup costs from higher capital requirements
Basel Committee sets out principles for deposit insurance
Basel Committee on Banking Supervision outlines principles on the scope, operation and legal dimensions of deposit insurance systems
Video: Japan FSA's Chikahisa Sumi talks about regulation's post-Basel III focus
The G-20 does not plan to sit still after its historic endorsement of Basel III. New targets include too-big-to-fail institutions, the shadow-banking system and commodity derivatives, according to Sumi.
Merkel's EU bailout plan threatens Basel’s sovereign zero risk weights
Discussions are already under way behind closed doors, knock-on effects for bank capital could be substantial
The dangers of relying on point in time
With Basel III, regulators have a chance to improve models used by banks to manage risk. However, they risk repeating past mistakes, says Patricia Jackson
Liquidity regulation and its consequences
The Basel Committee’s proposals for liquidity buffers could have some dangerous side effects, William Allen warns
Lord Turner: FSA break-up unnecessary
Financial Services Authority chairman Adair Turner supports Twin Peaks approach “in theory” but argues benefits could have been achieved without breaking up regulator
British bankers lobby Banking Commission
British Bankers’ Association chief executive Angela Knight warns against breaking up the banks; argues Basel III does not need to be buffered by national measures
Transition for 2012 will prove tricky, FSA officials acknowledge
Hector Sants says project will be complete by year after next, but acknowledges strain on those involved; Turner echoes comments
Interview: Agustín Carstens
The governor of the Bank of Mexico tells Claire Jones about how the central bank is improving its capacity to safeguard financial stability
HKMA measures cost of regulatory reform
Hong Kong Monetary Authority finds positive effect from Basel III
BoE’s Haldane offers a case for macroprudential policy
Andrew Haldane says credit cycles arise from collective action failures, justifying systemwide measures; argues against leaning against the wind
SEC risk chief to step down
First head of regulator's risk division will return to academia in January
Large pension funds a threat to financial stability – European Commission
European Commission says pension funds should also be classed as “too big to fail”
Fed issues guidelines on Volcker rule enforcement
Federal Reserve guidelines cover aspect of rule that extends compliance period to firms regulated by the central bank
The unintended consequences of the new prudential framework
The new regulatory code could have some dangerous side effects, Jacques de Larosière writes