The Basel Committee on Banking Supervision has issued a paper for public comment outlining proposed capital requirements for banks’ exposures to certain trading-related activities. This includes a treatment for counterparty credit risk. The proposals also contain a solution for double default effects, or the risk that both a borrower and guarantor default on the same obligation. The paper, ‘The application of Basel II to trading activities and the treatment of double default effects’, represents a milestone in international capital standards-setting in that it was prepared jointly by the Basel Committee and the International Organization of Securities Commissions. It is available together with a summary of responses received on a survey of banks’ and investment firms’ trading books that provides background material.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more