Banks must be prepared for increased regulatory demands to remain competitive
Proceedings report from The Asian Banker teleconsultation session, "Basel III and beyond - An Overview and Response to Regulatory Changes.” February 05, 2013 | Nicholas KohI. Introduction 1. The Asian Banker organised a teleconsultation session, “Basel III and beyond - An overview and Response to Regulatory Changes” to discuss the business impact of Basel III on financial institutions, and hear from one of the largest banks in Asia, DBS, on their response to the regulatory changes. 2. The following report summarises the central points presented by the key speakers of the session, including main issues discussed. 3. The objectives of the session were: II. In attendance: The key participants in this teleconsultation were: III. Key Discussion Notes 1. Overview of Basel III IV. Detailed Discussion Notes 1. Overview of Basel III i. 'Reduce eligible capital and higher Risk Weighted Assets (RWA) equals more regulatory capital’, is Basel III encapsulated in a sentence. With the new definitions of eligible capital (Tier 3 exclusion and Tier 1 deductions) and the sudden surge in RWA due to the added Counterparty Credit Risk (CCR) charges, banks today need to drastically augment their regulatory capital. The introduction of two additional buffers- the counter fiscal buffer and an extra buffer to Systemically Important Financial Institutes (SIFIs), continues to push banks towards accumulating... Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Basel III, Regulation, Risk and Regulationbasel III,riskregulation,Risk and Regulation, Basel III,Regulation,Risk and Regulation, Keywords:DBS, BCBS, FSB, HKMA, FSA, LCR, NSFR, Risk Weighted Assets, Counterparty Risk, Dodd-Frank Act DBS, BCBS, FSB, HKMA, FSA, LCR, NSFR, Risk Weighted Assets, Counterparty Risk, Dodd-Frank Act
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