Regulators to set post-crisis rules for capping bank risk-taking
LONDON (Reuters) - Regulators decide this week how banks should set a limit to the risk they take onto their balance sheets, with investors likely to pressure lenders to comply...
Home > Reviews
All Stories
UK watchdog says accountants must quiz banks more
LONDON (Reuters) - Accountants still fail to question banks properly over how they make provisions for poorly performing loans on their books, Britain's auditing policeman said on Wednesday. The criticism...
EU risks “too big to cooperate” bank supervision
BRUSSELS/LONDON (Reuters) - The role of the European Banking Authority must be beefed up beyond current plans to ensure that regulation of Europe's banks does not fragment into two competing...
EU watchdog unveils caps for bank bonuses
LONDON (Reuters) - EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay...
Hopes rise for deal on delayed EU insurance rules
LONDON (Reuters) - The European Union is nearing a deal on long-delayed insurance rules that the bloc has touted as a regulatory benchmark for the world to follow, regulatory and...
EU lawmakers water down accountancy reform
LONDON (Reuters) - European Union plans forcing companies to change accountants regularly were watered down on Thursday, providing some relief for the "Big Four" auditors that check most large company...
Luxembourg will back UK challenge to bank tax: finance minister
LONDON (Reuters) - Luxembourg will support Britain's legal challenge to Europe's proposed Financial Transaction Tax (FTT), the country's finance minister, Luc Frieden, said on Monday. As Europe's largest financial center,...
U.S. urged to bridge accounting body cash gap
LONDON (Reuters) - The international accounting body working to beef up company audit rules says it is running short of money and wants the United States to stump up more...
Most Basel members miss own deadline for new bank rules
LONDON (Reuters) - The world's top banking regulatory body said over half its members missed the January deadline set by global leaders for introducing tougher rules to make banks safer....
It was impossible to spot Libor rigging: UK watchdog
LONDON (Reuters) - Regulators could not have spotted the "lowballing" of Libor interest rates during the financial crisis even if they had looked, Britain's Financial Services Authority said. The watchdog's...