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	<title>ozrisk.net &#187; US Implementation</title>
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		<title>ozrisk.net &#187; US Implementation</title>
		<link>http://ozrisk.net</link>
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		<title>US Implementation &#8211; Rules (Finally) Agreed</title>
		<link>http://ozrisk.net/2007/11/15/us-implementation-rules-finally-agreed/</link>
		<comments>http://ozrisk.net/2007/11/15/us-implementation-rules-finally-agreed/#comments</comments>
		<pubDate>Thu, 15 Nov 2007 12:30:55 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Central Banking]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[US Implementation]]></category>
		<category><![CDATA[Basel III]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Federal Reserve]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/11/15/us-implementation-rules-finally-agreed/</guid>
		<description><![CDATA[One event I missed posting on at the time was the final agreement of all of the US regulators on the way that Basel II will be implemented in the US that happened 10 days ago. After some seriously silly obstinate argument from the FDIC, I was please to note at the time that the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=258&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/11/15/us-implementation-rules-finally-agreed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<item>
		<title>Total Victory for US Fed on Basel II</title>
		<link>http://ozrisk.net/2007/07/23/total-victory-for-us-fed-on-basel-ii/</link>
		<comments>http://ozrisk.net/2007/07/23/total-victory-for-us-fed-on-basel-ii/#comments</comments>
		<pubDate>Mon, 23 Jul 2007 01:01:55 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/07/23/total-victory-for-us-fed-on-basel-ii/</guid>
		<description><![CDATA[In what looks like a (near) total victory for the US Federal Reserve, agreement has been reached between the various US regulators on the final implementation of Basel II in the US. The elements of the deal: The risk insensitive capital floors (flaws) have been dropped, replaced with a gradual (5%p.a.) maximum drop in capital [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=213&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/07/23/total-victory-for-us-fed-on-basel-ii/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Reasons for Basel II &#8211; A Primer</title>
		<link>http://ozrisk.net/2007/07/17/reasons-for-basel-ii-a-primer/</link>
		<comments>http://ozrisk.net/2007/07/17/reasons-for-basel-ii-a-primer/#comments</comments>
		<pubDate>Tue, 17 Jul 2007 07:02:15 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[BIS]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/07/17/reasons-for-basel-ii-a-primer/</guid>
		<description><![CDATA[For those looking for an up-to-the minute summary of why Basel II is needed I would advise a look at this speech by Randall Krosner of the US Fed. Like most of the speeches by members of the Fed, he appears to understand the reasons for Basel II and why, in a global sense, it [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=210&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/07/17/reasons-for-basel-ii-a-primer/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Basel II and Institutional Resilience</title>
		<link>http://ozrisk.net/2007/06/27/basel-ii-and-institutional-resilience/</link>
		<comments>http://ozrisk.net/2007/06/27/basel-ii-and-institutional-resilience/#comments</comments>
		<pubDate>Wed, 27 Jun 2007 10:01:09 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[BIS]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/06/27/basel-ii-and-institutional-resilience/</guid>
		<description><![CDATA[Short speech that Nout Wellink of the Netherlands Central Bank will be making later today in Paris has just popped up on the BIS website. It makes a few good points around how the risk management practices being improved through Basel II will improve the resilience of financial institutions and the system generally. Might not [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=200&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Gruenberg&#8217;s Speech</title>
		<link>http://ozrisk.net/2007/06/19/gruenbergs-speech/</link>
		<comments>http://ozrisk.net/2007/06/19/gruenbergs-speech/#comments</comments>
		<pubDate>Tue, 19 Jun 2007 10:23:22 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Credit Risk]]></category>
		<category><![CDATA[Deposit Insurance]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/06/19/gruenbergs-speech/</guid>
		<description><![CDATA[Just browsing through the latest edition of the Global Risk Regulator and I came across a discussion on a speech given by Martin Gruenberg of the FDIC on Basel II. It does not say much that Sheila Bair has not said before &#8211; but he does try to answer some of the critisism that has [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=197&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/06/19/gruenbergs-speech/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Chimera &#8211; US Implementation</title>
		<link>http://ozrisk.net/2007/05/10/chimera-us-implementation/</link>
		<comments>http://ozrisk.net/2007/05/10/chimera-us-implementation/#comments</comments>
		<pubDate>Thu, 10 May 2007 06:54:57 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.net/2007/05/10/chimera-us-implementation/</guid>
		<description><![CDATA[An excellent post over at Ops Risk and Compliance regarding the US implementation. It makes many of the points I have previously made &#8211; and goes a bit further. After quantative [sic] impact studies, advanced notices of proposed rulemaking, numerous consultation documents, incalculable titbits of contradictory information from a menagerie of regulators (some of whom [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=180&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Bank Regulation &#8211; Theory</title>
		<link>http://ozrisk.net/2007/04/13/bank-regulation-theory/</link>
		<comments>http://ozrisk.net/2007/04/13/bank-regulation-theory/#comments</comments>
		<pubDate>Fri, 13 Apr 2007 08:33:13 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Banking Theory]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Deposit Insurance]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/04/13/bank-regulation-theory/</guid>
		<description><![CDATA[For those of us that maintain a strong interest in the theory of bank regulation (sad, I know) a speech by Ben Bernanke provides a very interesting read. (Thanks to Bank Law Professor for another great link). In this speech, he runs through what amounts to a history of bank regulation in the USA to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=170&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/04/13/bank-regulation-theory/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<item>
		<title>Update</title>
		<link>http://ozrisk.net/2007/04/03/update/</link>
		<comments>http://ozrisk.net/2007/04/03/update/#comments</comments>
		<pubDate>Mon, 02 Apr 2007 14:40:07 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Metablogging]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.net/2007/04/03/update/</guid>
		<description><![CDATA[Just a quick update to let you know I am still around. The last week has been very busy, with a quick trip to Melbourne for an update on AASB 139 (on which more in a subsequent post), an article in production for Business Islamica magazine and the close of one (Advanced) Basel II project [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=164&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/04/03/update/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<item>
		<title>US FDIC Cease and Desist Order</title>
		<link>http://ozrisk.net/2007/03/13/us-fdic-cease-and-desist-order/</link>
		<comments>http://ozrisk.net/2007/03/13/us-fdic-cease-and-desist-order/#comments</comments>
		<pubDate>Tue, 13 Mar 2007 01:46:06 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Banking Theory]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[Credit Risk]]></category>
		<category><![CDATA[Operational Risk]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Retail Banking]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Stress Testing]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/03/13/us-fdic-cease-and-desist-order/</guid>
		<description><![CDATA[Thanks to the Banking Law Prof Blog for pointing to this press release from the FDIC about a sub-prime lender in the US getting a &#8220;cease and desist&#8221; consent order from the FDIC. In Australia these would be termed an &#8220;EU&#8221; &#8211; an enforceable undertaking. If I can use this example to illustrate how the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=156&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>US Implementation &#8211; the Bair vs. the Bies</title>
		<link>http://ozrisk.net/2007/02/27/us-implementation-the-bair-vs-the-bies/</link>
		<comments>http://ozrisk.net/2007/02/27/us-implementation-the-bair-vs-the-bies/#comments</comments>
		<pubDate>Tue, 27 Feb 2007 08:39:41 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Basel II]]></category>
		<category><![CDATA[US Implementation]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/02/27/us-implementation-the-bair-vs-the-bies/</guid>
		<description><![CDATA[Today&#8217;s GRR (Global Risk Regulator) really highlights the differences between two speeches, the first, given by Sheila Bair of the FDIC and the second, by the (now retiring) Susan Schimdt Bies of the Federal Reserve. Both of the speeches, and particularly that of Bair, merely reinforce my view that the FDIC has got it drastically [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&amp;blog=64886&amp;post=149&amp;subd=ozrisk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/02/27/us-implementation-the-bair-vs-the-bies/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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