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Bank for International Settlements June 29, 2012 Following the publication of final rules on global systemically important banks in November, the Basel Committee on Banking Supervision is now seeking public comment on guidelines for its proposed framework on the assessment methodology and higher loss absorbency requirement for domestic systemically important banks. Comments on the consultative document should be submitted by August 1, 2012.

European Banking Authority June 27, 2012 The European Banking Authority has published its Annual Report for 2011, which sets out the activities and achievements of the organisation its first year of existence. Highlights include work on the European Single Rulebook, preparatory work for binding technical standards on own funds and liquidity and the drafting of guidelines on aspects of CRD III.