International

Market Infrastructure

Implementation of Secondary Market Principles “Generally High” – IOSCO

By Editors | 13/02/2019

IOSCO has identified some gaps in the implementation of its ‘Secondary and Other Market Principles’, particularly in nascent and emerging market jurisdictions.

Market Infrastructure

FSB Details Work Programme for 2019

By Manesh Samtani | 13/02/2019

In addition to identifying emerging risks, the FSB will focus on finalising, operationalising and monitoring the implementation of post-crisis reforms.

Fintech / Regtech

FSB Chair Focused on Assessing Reform Effects, New Risks

By Garima Chitkara | 12/02/2019

The FSB is launching new studies to assess the impact of post-crisis reforms while actively working to identify new sources of risk to the financial sector.

Capital / Liquidity

Full Implementation of Basel III Needed at the National Level

By Manesh Samtani | 11/02/2019

The current system of national implementation does not favour full implementation of post-crisis regulatory reform, says German central banker Joachim Wuermeling.

Market Infrastructure

ASIC ‘Well-Placed’ to Manage Impacts of No-Deal Brexit

By Editors | 08/02/2019

ASIC says it is carefully monitoring developments and has been liaising closely with UK and Australian authorities to plan for potential Brexit-related impacts.

Securities / Derivatives

ISDA Launches Digital Platform to Automate IM Documentation

By Editors | 07/02/2019

‘ISDA Create – IM’ is expected to significantly reduce the time and resources it takes to negotiate margin documentation for participants in non-cleared OTC derivatives markets.

Big Picture

Board, Compliance Engagement Lacking in Technology Adoption

By Manesh Samtani | 07/02/2019

Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.

Capital / Liquidity

G-SIB Framework Meeting its Objectives – BCBS

By Editors | 06/02/2019

The analysis supports the view that the G-SIB framework is incentivising G-SIBs to become less systemically important. Non-GIBs are showing an increase in relative importance.

Big Picture

Non-bank Financial Intermediation Grows for Sixth Year – FSB 

By Editors | 06/02/2019

Leveraged finance markets have exceeded pre-crisis highs, attracting attention from regulators, with non-banks increasingly providing a large share of the financing.