US Federal Reserve vice chairman of supervision advocates a more risk sensitive approach to regulating and supervising big banks by taking more account of complexity and interconnectedness.
FSB consults on LEI adoption by member states
FSB conducting a thematic peer review on member adoption of legal entity identifiers and is seeking feedback from interested parties
FSB decides cryptocurrencies need monitoring
FSB plans to monitor potential impact of cryptocurrencies but warns over lack of data.
Singapore resolution regime maintains narrow scope of bail-in instruments
Following a recent consultation, Singapore’s regulators are in the process of putting in the finishing touches to their bank resolution regime, and while it follows international guidelines closely, it does make one important deviation. By Justin Pugsley.
Russian banking system slowly rehabilitates
The Central Bank of Russia is forging ahead with reforming the country’s banking system, but faces a number of headwinds which could make the task harder. By Justin Pugsley.
Outlines of EU-UK deal on financial services taking shape
The fire and fury surrounding Brexit is throwing up very little in the way of hard facts to underpin planning by banks. Nonetheless, a possible outline of an EU-UK deal is taking shape, or at least narrowing it down to a few possible options. By Justin Pugsley
Feedback sought on governance arrangements for OTC derivatives data
CPMI and Iosco seek feedback on governance arrangements for OTC derivatives data elements relating to UTIs and UPIs
Global standard setters ask if derivatives reforms have worked as intended
Global standard setters led by the FSB are consulting on whether reforms designed to make standardised OTC derivatives contracts safer have worked as intended
Basel Committee publishes disclosure amendments around ECL reporting
Basel Committee makes some technical amendments relating to disclosure requirements around expected credit loss accounting
EU bank stress tests’ adverse scenario may not be the most plausible
Two academics argue that the EU 2018 stress tests are not using the most plausible adverse scenarios and complain of a lack of transparency
Most Viewed
- EMIR REFIT has potential to trigger unintended consequences
- The return of geopolitics will cause global banks considerable headaches
- Stress testing to evolve to keep pace with changing risks
- US universal banks should become smaller and more efficient
- Market participants lobbying over short Emir 2.1 timelines
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