BIS press release:rnrnThe Basel Committee on Banking Supervision has today published a proposal that would strengthen capital requirements when banks engage in certain high-cost credit protection transactions.rnrnThe Committee has previously expressed concerns about potential regulatory capital arbitrage related to certain credit protection transactions. At that time it noted that it would continue to monitor developments with respect to such transactions and would consider imposing a globally harmonised minimum capital Pillar 1 requirement if necessary. After further consideration, the Committee decided to move forward with a more comprehensive Pillar 1 proposal.rnrnWhile the Committee recognises that the purchase of credit protection can be an effective risk management tool, the proposed changes are intended to ensure that the costs, and not just the benefits, of purchased credit protection are appropriately recognised in regulatory capital. It does this by requiring that banks, under certain circumstances, calculate the present value... detalii
Parlamentul din Cipru a adoptat vineri seara o lege care permite guvernului si bancii centrale sa divizeze bancile insolvente in "banci bune si rele", in incercarea de a ajunge la... detalii
Piraeus Bank a fost aleasa pentru a prelua unitatile din Grecia ale bancilor cipriote ce trebuie vandute ca parte a planului de salvare a Ciprului de la faliment de catre... detalii
Diviziile din Grecia ale băncilor cipriote vor fi preluate de instituţii de credit elene, în urma unui acord între cele două ţări, a anunţat, vineri, preşedintele Ciprului, Nicos Anastasiades, adăugând... detalii