The International Association of Deposit Insurers (IADI) has issued a consultation on revising its core principles for effective deposit insurance systems. The consultation will close on September 24, 2014, with the IADI planning to finalise the revisions by the end of this year.

European regulators have issued strong warnings to banks and insurance companies over the risks posed to investors by contingent convertible (CoCo) bonds.

An industry lobby group has called on EU and US regulators to move quickly on the mutual recognition of derivatives clearing houses.

A review of the European system of financial supervision has called for greater independence for the European Systemic Risk Board (ESRB).

The Bank for International Settlements has given new impetus to the Committee on Payment and Settlement Systems.

Stephen O’Connor, chair of the International Swaps and Derivatives Association (ISDA), has written to the Basel Committee on Banking Supervision and International Organisation of Securities Commissions asking for more time to implement key rules on derivatives margining.

Proposals for banks to hold capital against banking book interest rate risks (IRRBB), which have yet to see the light of day, are already meeting growing resistance from the industry.

Investors are thankful for a two-year transition to phase out constant net asset value for prime funds, but policymakers are still debating whether gates will work. 

State regulators have agreed to push ahead with new reserve rules for life insurance captives, but there are fears captives could face a back-door ban.