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Translating Basel into Brussels

Explore the evolution and implications of international capital standards in banking, from Basel to Brussels, through a detailed analysis of the revised framework and proposed directives. Key issues such as 'Lead Supervisor' consolidation and 'Level of Application' waivers are highlighted, along with the implementation timeline and adjustments for trading books. Understand the institutional processes involving the Council and the European Parliament in shaping these capital adequacy regulations.

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Translating Basel into Brussels

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  1. Translating Basel into Brussels Patrick Pearson European Commission

  2. BASEL - BRUSSELS International convergence of capital measurement and capital standards – a revised framework 26-6-2004 Proposal for a Directive amending directives 2000/12/EC & and 93/6/EC on the capital adequacy of banks and investement firms (recast) • Brussels,14-7-2004 • COM(2004)

  3. « SPOT THE DIFFERENCE  »

  4. Proposal for a Directive of the European Parliament and of the Council amending directives 2000/12/EC & and 93/6/EC on the capital adequacy of banks and investement firms (recast) Directive of the European Parliament and of the Council amending directives 2000/12/EC & and 93/6/EC on the capital adequacy of banks and investement firms (recast)

  5. KEY ISSUE: CONSOLIDATING ‘LEAD’ SUPERVISOR

  6. KEY ISSUE: LEVEL OF APPLICATION / WAIVERS Capital requirements apply to all individual banks BUT waivers if criteria satisfied Capital requirements & internal processes by every ‘group’ at country level Disclosure requirements apply at EU level

  7. KEY ISSUE: IMPLEMENTATION DATE SA/FIRB/BIA/SA available end 2006 AIRB/AMA available end 2007

  8. TRADING BOOK Double default & Maturity Adjustment? Counterparty credit risk? Trading Book/Banking Book?

  9. INSTITUTIONAL PROCESS: THE COUNCIL

  10. INSTITUTIONAL PROCESS: EUROPEAN PARLIAMENT

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