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Regulatory capital and financial institutions today

Is the US framework for regulating depositary institutions, based in part on regulatory capital, prudent and effective? Financial institutions have had much of their capital eroded by write-downs, triggered, at least in part, by fair-value accounting. And government emergency measures have directly injected capital. This seminar will debate potential regulatory reforms, including:
• The future of Basel II;
• Capital ratios and risk weighting;
• Recent investor focus on tangible common equity instead of capital ratios;
• The effect of fair value accounting on financial institutions;
• Capital treatment for various securities issued as part of the government emergency measures, including CaPP and CAP;
• The performance of hybrid instruments during the downturn and the questions raised for issuers, bankers and rating agencies;
• Foreign initiatives relating to regulatory capital; and
• Considerations for Tier 1 instruments, including mandatory convertibles.

Simon Crompton, editor, IFLR
Adriaan Van Der Knaap, Chairman, UBS Global Capital Markets
Barbara Havlicek, Moody's Investors Service
Craig Emrick, Moody's Investors Service
Thomas Humphreys, Morrison & Foerster LLP
Oliver Ireland, Morrison & Foerster LLP
Recorded Apr 15 2009 86 mins
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Presented by
IFLR, UBS Securities, Moody's and Morrison & Foerster
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  • Live at: Apr 15 2009 3:00 pm
  • Presented by: IFLR, UBS Securities, Moody's and Morrison & Foerster
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