A raft of proposals in a consultation by the Basel Committee on Banking Supervision covering the bank trading book have gone down well, leaving non-modellable risk factors as among the last major areas where the industry still needs to make a persuasive case for change. By Justin Pugsley.

On the face of it data pooling looks like an ideal solution to enable banks to ensure certain illiquid instruments they trade don’t become non-modelable attracting large capital charges in the process. But in practice, making this work is proving to be far from easy.

A sense of complacency around financial regulation has become established in Australia following a quarter of a century of unbroken economic growth. However, a series of banking scandals is making the authorities there question the country’s supervisory regime

IOSCO’s final report on secondary corporate bond markets was widely welcomed by the industry and is seen as a good template for creating more harmonised regimes around the world

A committee of academics advocates for EU authorities taking quick and decisive action to clean up non-performing loans and to provide some debt relief to struggling member states

UK banks are on track to separate their investment banking arms from their retail units with each institution picking its own path. However, there is some controversy over which part of the bank will house the pension scheme. By Farah Khalique.

Hong Kong has just closed a consultation on its over-the-counter derivatives regime and though it will have a marginal impact on global firms, it is nonetheless important so the jurisdiction stays in line with global norms.