News from BIS

 

* Capital Requirements for Bank Exposures to Central Counterparties

 

Bank for International Settlements (BIS), in collaboration with BCBS, the Committee on Payment and Settlement Systems (CPSS), and the International Organization of Securities Commissions (IOSCO) completed its work on the capital treatment of bank exposures to central counterparties.

 

The final standard will take effect on 1 January 2017.

 

Check here for more.

 

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* Supervisory Framework for Measuring and Controlling Large Exposures

 

Bank for International Settlements (BIS) sets out a supervisory framework for measuring and controlling large exposures.

 

The framework is scheduled to take effect from 1 January 2019.

 

Check here for more.

 

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More Trade News in Brief – Week 40 (24 – 30 September 2012)

* Canada-Jordan FTA Enters Into Force

 

The free trade agreement (FTA) between Canada and Jordan was signed in June, 2009 and it is to enter into force on October 1, 2012.

 

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* US Forbids To Comply With EU ETS

 

US Senate Forbids US’s airlines to complying with the European Union’s emissions trading scheme (ETS).

 

More here.

 

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* Basel III monitoring exercise as of 31 December 2011

 

The Bank for International Settlements (BIS) published the report regarding the implications of the Basel III standards for financial markets.

 

More here.

 

The Revised Fundamental Review of the Trading Book

3 May 2012, Basel

 

The Basel Committee on Banking Supervision,  under the Bank for International Settlements (BIS), published the revised Fundamental Review of the Trading Book – Consultative Document.

 

The document includes a revised market risk framework and proposes several measures to improve trading book capital requirements.

 

For more information please follow the link and the document can be consulted here.

New Standards for Financial Market Infrastructures

16 April 2012, Basel, Switzerland

 

The Committee on Payment and Settlement Systems (CPSS), part of the Bank for International Settlements (BIS), in cooperation with International Organization of Securities Commissions (IOSCO) issue new standards that promote global efforts to strengthen financial market infrastructures (FMIs):

• a report entitled Principles for financial market infrastructures

• a consultation paper on an Assessment methodology for these new standards

• a consultation paper on a Disclosure framework for the standards

 

The new report is designed to ensure that the infrastructure supporting global financial markets is more secure and to avoid the withstand financial shocks. The revised principles update, harmonize and strengthen the risk management and related standards for financial market infrastructures; that include systemically important payment systems, central securities depositories, securities settlement systems, central counterparties, and trade repositories.

 

For more details please refer to Press release.