NCUA, Corporate Credit Unions (2011, Final Rule) resource National Regulations OCEG Reviewed
Summary: NCUA is issuing final amendments to its rule governing corporate credit unions (corporates). The amendments include internal control and reporting requirements for corporates similar to those required for banks under the Federal Deposit Insurance Act and the Sarbanes-Oxley Act.
Incentive-Based Compensation Arrangements, Proposed Rule (April 14, 2011) resource National Regulations OCEG Reviewed
SUMMARY: The OCC, Board, FDIC, OTS, NCUA, SEC, and FHFA (the Agencies) are proposing rules to implement section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Caribbean Community Secretariat (CARICOM) resource Organizations & Associations OCEG Reviewed
The Caribbean Community Secretariat (CARICOM) was founded by the Treaty of Chaguaramas (Trinidad; 1973, revised 2001) and including Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti (suspended 2004–6), Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago.
FDIC, U.S. Banking Agencies Express Support for Basel Agreement (September 2010) resource Articles OCEG Reviewed
September 12, 2010: Joint release from the Board of Governors of the Federal Reserve System, theOffice of the Comptroller of the Currency and the Federal Deposit Insurance Corporation.
FDIC, Implementation of the New Basel Capital Accord in the U.S. resource Agency Web Sites OCEG Reviewed
The Board of Directors of the Federal Deposit Insurance Corporation has approved publication of the final rules regarding Risk-Based Capital Guidelines; Implementation of New Basel Capital Accord. The final rules are being issued on an interagency basis by the federal banking and thrift regulatory agencies.
The Group of Governors and Heads of Supervision reach broad agreement on Basel Committee capital and liquidity reform package (July 2010) resource Standards and Guidelines OCEG Reviewed
Introduction: The Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision, met on 26 July 2010 to review the Basel Committee's capital and liquidity reform package.
BIS, Group of Governors and Heads of Supervision announces higher global minimum capital standards (September 2010) resource Standards and Guidelines OCEG Reviewed
Introduction: At its 12 September 2010 meeting, the Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision, announced a substantial strengthening of existing capital requirements and fully endorsed the agreements it reached on 26 July 2010.
SEC, Mutual Fund Distribution Fees; Confirmations - Proposed Rule (August 2010) resource National Regulations OCEG Reviewed
The proposed rule and rule amendments are designed to protect individual investors from paying disproportionate amounts of sales charges in certain share classes, promote investor understanding of fees,eliminate outdated requirements, provide a more appropriate role for fund directors, and allow greater competition among funds and intermediaries in setting sales loads and distribution fees gene
Funding Liquidity Risk in a Quantitative Model of Systemic Stability (Central Bank of Chile, 2009) resource White Papers OCEG Reviewed
Abstract: We demonstrate how the introduction of liability-side feedbacks affects the properties of a quantitative model of systemic risk. The preliminary version of the model, which is still in its development phase, is based on detailed balance sheets for UK banks and encompasses macro-credit risk, interest and non-interest income risk, network interactions, and feedback effects.
FIVE TIPS TO GET MORE BUSINESS BENEFIT FROM OPERATIONAL RISK resource Articles Member contribution
"The list from the regulators is growing!" "Our leadership wants to know if we're creating value beyond shuffling compliance paperwork." "The regulators keep asking questions beyond our risk framework." "The bank is changing faster than we can keep up, changing products and integrating acquisitions." "Our o
