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China looking to include more markets in its macro-prudential assessment
The People’s Bank of China is looking to include more credit type markets in its macro-prudential assessment to better capture growing systemic risks
Basel clause could alleviate capital demands for some banks
Deutsche Bank could be a big winner on the operational capital front from a Basel III clause allowing litigation payouts to be excluded from the calculation
Bad loans continue to decline across Europe
European Commission notes progress in banks reducing non-performing loans across Europe as it contemplates measures to make banks provision better for them
Germany and France plot banking union proposals
Germany and France cooperating to drive forward banking and capital markets union
OFR heat map warns over market risk vulnerabilities
Market and macro economic risks have risen in terms of US financial system risks according to a heat map produced by the Office of Financial Research.
US benchmark interest rate is IOSCO compliant
The New York branch of the US Federal Reserve said it has made the administration of two interest rate benchmarks IOSCO compliant
European banks fined again by US regulators
CFTC teams up with Justice Department and FBI to pursue three European banks over spoofing charges
Foreign banks to draw up new resolution plans by year end
The Fed and FDIC have written to 19 foreign banks with US operations asking them to produce new resolution plans for their US units
Stress tests improving, but challenges remain
Stress testing is now an integral part of the supervisory process and a recent report from the Basel Committee on Banking Supervision noted big improvements in the technique over the last 10 years, but it also highlighted some ongoing challenges
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