The Basel Committee on Banking Supervision has issued a third consultative paper on the New Basel Capital Accord. The Committee aims to complete the New Accord by the fourth quarter of this year, with implementation to take effect by year-end 2006. To that end, work has already begun in a number of countries on draft rules that would integrate Basel capital standards with national capital regimes. ‘This is an important step as we near completion of the work of the Committee on the New Basel Capital Accord’, said Jaime Caruana, Governor of the Bank of Spain Also available on the BIS website are the results of the Basel Committee on Banking Supervision’s third Quantitative Impact Study (QIS 3).
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.