Michelle Bowman, Donald Trump’s pick to be the central bank’s vice chair of supervision, has indicated that she believes in ...
The Bank of England’s Prudential Regulation Authority (PRA) is set to delay its entire Basel 3.1 package until at least January 2026, with an official announcement expected in the ...
Since its launch in 1988, the Basel Capital Accord has become the global standard by which the financial soundness of banks is assessed. The outcome of an agreement among the members of the Basel ...
In July, OSFI announced a one-year delay in the adoption of certain Basel III reforms — raising the “output floor” from its current level, effectively tightening the capital requirements on the Big ...
OSFI in July had already delayed by one year key rules on capital floor levels, which are part of the global Basel III accords to increase banks’ financial stability, following regulators in ...
TORONTO (Reuters) - Canada's banking regulator said on Wednesday it would pause increases to banks' required capital levels, citing economic uncertainty and slow progress by other countries in ...