KANSAS CITY - America’s insurance supervisors believe that giving insurers the option of a federal charter “is the worst possible choice for insurance,” a top insurance regulator reiterated in July.

The latest operations mounted in the US to rescue stricken institutions are, as some have predicted, accelerating the pace of regulatory reform, while underlining the potential for turf wars between central bank and securities market regulators.

Deadline looms for America’s big banks to reveal their Basel II implementation plans. Supervisors remain unfazed by delays

Long-awaited proposals for giving thousands of America’s regional and community banks the option of adopting a US version of the simpler risk measurement approaches in the international Basel II bank safety rules were welcomed in late June by America’s leading banking industry trade body.

Another report confirms a lack of systemic risk in commodity firms; but could they still be caught by EU bank rules?

A book arguing for a shake-up of global regulation, mostly written before sub-prime became a well known word, should be holiday reading for the shell-shocked, says Simon Hills

A string of industry initiatives are now underway to clean up market practices. But can regulators be convinced that they will be lasting? By Melvyn Westlake

EU Commission tries once again to tighten regulation on structured products. Aims to ensure originators “keep some skin in the game”

Differences have emerged between the European Commission and a majority of national banking supervisors in the EU, over the detailed requirements for the inclusion of hybrid instruments in banks’ Tier 1 capital.

A damaging report finds “shortcomings” in credit rating agency practices. European finance ministers back agency registration By Melvyn Westlake