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News: Quotes in Global Risk Regulator by John C Perry

Global Risk Regulator is monthly publication that focuses on the regulation and supervision of international financial markets and institutions.

The June 2014 edition features as its leading article the subject of “the US steps up criticism of Basel risk weights: Federal agencies increasingly voice a preference for using the leverage ratio and stress testing as an alternative to Basel risk-weighted capital” by Philip Alexander.

Click on the link below to read a copy of the article in which you will read my comments setting out a point of view quite different to the regulatory perspective. or click on the tab in the right hand column

Send me your comments: I would very much like to hear your thoughts.

Global Risk Regulator - June 2014 - Leverage Ratio and Risk Weights
This contains comments made by John C Perry following an interview with the editor in May 2014
Global Risk Regulator - June 2014 - Lead[...]
Adobe Acrobat document [106.4 KB]

Basel 3 could be another Minsky moment in financial history

Why Basel 3 could be another Minsky moment in financial history
Governments believe that they are “Changing Banking for Good”.
The BCBS believe that Basel 3 is “Restoring Confidence in Banks”, and
Central Bankers believe they have banished the prospect of “Boom and Bust” with the capacity to use macro-prudential tools to counteract the hitherto excessive economic cycles that the banking sector causes.
Are banks now more stable?
Or are these beliefs by those keen on conventional wisdom illusionary?

Read my short paper setting out my opinion on why I think the regualators need to look in the mirror.
Read my thoughts on what needs to be done to radically change the way in which a bank's risk, financial accounts and disclosures are reported.

Send me your comments: I would very much like to hear your thoughts
PHE - Basel 3 - Another Minsky moment .p[...]
Adobe Acrobat document [223.3 KB]