ADVERTISEMENT
Capital / Liquidity
BCBS Gives Banks Just 2.5 Years to Work-out Step-in Risk
By Editors | 26/10/2017
Step-in risk guidelines due to be implemented by 2020 will require reporting rather than additional liquidity or capital charges.
BCBS Set to Finalise Last Two Elements of Global Policy Agenda
By Editors | 16/10/2017
BCBS secretary general tells IMF it will publish step-in risk guidelines next month, leaving capital output floor as final element of policy agenda.
Market Infrastructure
US, Europe Agree Margin Requirement, Trading Venue ‘Comparability’
By Editors | 16/10/2017
Swap dealers or major market participants subject to EC margin rules can assume ‘substituted compliance’ when dealing in US.
AML / KYC
Communication Breakdown
By Peter Guy | 09/10/2017
WhatsApp et al have widened a grey area in compliance rival financial messaging services are trying to exploit.
Fintech / Regtech
CPMI, IOSCO Call for Uniformity in UPI Creation, Reporting
By Editors | 02/10/2017
Report proposes that each UPI maps to reference data which indirectly describes an OTCD product without identifying transaction details.
Fintech / Regtech
DLT Not Yet a Solution for Large Central Bank Applications – BOJ
By Samuel Riding | 11/09/2017
Japanese central bank and European counterpart conclude from ‘Project Stella’ tests of DLT in RTGS that the technology is not yet mature enough.
Capital / Liquidity
Don’t Expect New EU Equivalency Decisions for Asia
By Samuel Riding | 07/09/2017
Ben Pott, head of government affairs at NEX Group, suggests Brexit and the time taken to resolve US-EU CCP issue, make equivalency rulings unlikely.
AML / KYC
Top CBRC Adviser Flags Failures to Address Operational Risks
By Samuel Riding | 06/09/2017
CBRC chief adviser and former SFC chief Dr Andrew Sheng says regulation risks pro-cyclicality when real economy requires structural change.
Enforcement
BCBS Says Supervisors Should Boost Fintech Training, Regtech Use
By Samuel Riding | 04/09/2017
Taskforce says regulators will need to start upskilling staff; adopt artificial intelligence, machine learning and other tech to ensure effective supervision.
Securities / Derivatives
Japanese Banks Call for Narrower OTCD Reporting Requirements
By Samuel Riding | 04/09/2017
Japanese Bankers Association says data elements should be narrower; concerned about cost of reporting given different collateral settlement timings.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team