Financial Stability Board

Market Infrastructure

FSB Reports on OTC Derivatives Reform Progress

By Editors | 16/10/2019

Comprehensive trade reporting requirements are in force in 23 of 24 FSB member jurisdictions, and authorities are increasingly making use of trade repository data.

Big Picture

FSB Highlights Market Fragmentation Issues in Letter to G20

By Manesh Samtani | 15/10/2019

In a letter to the G20 finance ministers and central bank governors, the FSB says the development of post-crisis reforms is “nearly complete”, but implementation progress remains uneven.

Capital / Liquidity

US Fed Finalises Easier Capital, Liquidity Rules for Banks

By Editors | 14/10/2019

Banks that present less risk, including foreign banks, will have reduced requirements. An idea to subject US branches of foreign banks to new liquidity requirements has also been dropped.

Market Infrastructure

FSB, IMF Report Progress on G20 Data Gaps Initiative

By Editors | 14/10/2019

The report notes that China is one of the countries that has outstanding issues with removing barriers to full trade reporting and access to trade repository data.

Securities / Derivatives

Governance of OTC Derivatives Data Elements Finalised

By Editors | 10/10/2019

The FSB has now published the final governance arrangements for both the UTI and UPI, while CPMI-IOSCO has published the same for the other critical data elements.

Market Infrastructure

BNM to Require FIs to Report Climate-related Exposures

By Editors | 02/10/2019

Malaysia’s central bank will use the reported data to set new regulatory standards that better reflect the risks from climate-related exposures.

Market Infrastructure

Singapore FIs Need Stronger Cyber Risk Culture: MAS CSAP

By Editors | 01/10/2019

CSAP members cite poor risk culture as a frequent contributing factor during cyber incidents, highlighting that clear expectations must be set at the board and senior management level.

Big Picture

Climate Risk Resilience Vital for Financial Stability: S&P

By Manesh Samtani | 16/09/2019

Banks need to act now to minimise future climate-related costs and the impact on their creditworthiness, says a new report from S&P Global Ratings.

Market Infrastructure

Japan Regulators Seek Data on Financial Firms’ Risky Investments

By Editors | 10/09/2019

The BOJ and FSA are collecting data on financial firms’ holdings of collateralised loan obligations and leveraged loans to understand the risks they present.