International

AML / KYC

G20 Nations Commit to Regulating Cryptocurrencies

By Editors | 06/12/2018

G20 nations have signed a joint declaration calling for regulation of crypto assets to combat money laundering and terrorist financing.

Market Infrastructure

SWIFT to Pilot Real-time Error Detection in gpi Payments

By Editors | 06/12/2018

SWIFT gpi pre-validation service will ensure preventable errors and omissions are corrected before initial payment instructions are sent, reducing delays and costs for banks.

Market Infrastructure

Blockchain: State of Play Among Market Infrastructures

By Matthew Chan | 05/12/2018

Rather than disintermediating centralised market infrastructure, DLT is being used to support centralised ecosystems, says Matthew Chan.

Market Infrastructure

BCBS Publishes Report on Cyber-Resilience Practices Across Jurisdictions

By Editors | 05/12/2018

The report identifies, describes and compares the range of observed bank, regulatory and supervisory cyber-resilience practices across jurisdictions.

Capital / Liquidity

No Shortage of Risks Looming Across Financial System

By Manesh Samtani | 03/12/2018

Banking system reforms will have to adapt to new risks to mitigate the effects of the next financial crisis, said BCBS secretary general William Coen, hinting at a future ‘Basel IV’.

Market Infrastructure

G20 Financial Regulatory Reform Agenda On Track – FSB

By Garima Chitkara | 30/11/2018

Basel III and OTC derivatives reforms were on track and broadly achieving their intended goals. High public debt and rising non-bank financial intermediation remain a focus area for the FSB.

Market Infrastructure

FIA Updates CCP Risk Management Framework After Nasdaq Member Default

By Garima Chitkara | 29/11/2018

The industry body has updated its 2015 framework for CCP risk management to include more robust and transparent margining and higher skin in the game.

Market Infrastructure

ISDA Releases Preliminary Results on Benchmark Fallbacks Consultation

By Garima Chitkara | 28/11/2018

ISDA will likely look to the ‘compounded setting in arrears rate’ and the ‘historical mean/median approach’ to spread adjustment for RFRs that will replace discontinued IBORs.

AML / KYC

Overcoming the Challenges of Cross-Jurisdictional Customer Onboarding

By Claus Christensen | 28/11/2018

A digital-first approach to customer onboarding can protect companies from internal delays, customer dissatisfaction, hefty regulatory fines and reputational risk, says Claus Christensen.