Three military charities are to share £1.3m from fines imposed on banks that had rigged interest rates, Chancellor George Osborne has announced. . .

http://www.bbc.co.uk/news/uk-21555812#

Senior bankers at Royal Bank of Scotland are in line to share a multimillion-pound bonus windfall, in a move that risks stoking another pay row at the bailed-out bank in the wake of the £390m Libor fine. . .

http://hereisthecity.com/2013/02/18/senior-rbs-bankers-in-line-for-multimillion-pound-share-award/

David Cameron has pressed Royal Bank of Scotland executives to “accelerate” preparations towards allowing a sell-off of the state-owned bank, possibly before the next general election in 2015. . .

http://hereisthecity.com/2013/02/19/david-cameron-hints-at-time-frame-for-rbs-sell-off/

The Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), have published an updated version of the IFRS Foundation Due Process Handbook (‘the Handbook’). . .

http://www.ifrs.org/Alerts/Governance/Pages/Trustees-publish-revised-version-of-the-IFRS-Foundation-Due-Process-Handbook.aspx

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have today published a second consultative paper which represents a near-final proposal on margin requirements for non-centrally-cleared derivatives. . .

http://www.bis.org/publ/bcbs242.htm