Financial Stability Board

Capital / Liquidity

Royal Bank of Scotland Removed From G-SIB List

By Garima Chitkara | 19/11/2018

The Financial Stability Board has added France’s Groupe BPCE to its 2018 list of global-systemically important banks and removed RBS and Nordea.

Market Infrastructure

FSB Issues Progress Report on Interest Rate Benchmark Reform

By Manesh Samtani | 15/11/2018

The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.

Capital / Liquidity

PBOC Seeks Acceleration of TLAC Implementation at China’s G-SIBs

By Editors | 08/11/2018

The central bank said China might implement the TLAC framework earlier than 2025 because the country’s ratio of credit bonds to GDP may exceed the 55% trigger set by the FSB.

Market Infrastructure

AIMA Publishes FMCC Implementation Guide

By Editors | 01/11/2018

AIMA, Clifford Chance and Herbert Smith Freehills designed the guide to help Hong Kong asset managers better understand the expectations placed upon them and their constituents.

Capital / Liquidity

Hong Kong TLAC Rules Set to Take Effect in December

By Garima Chitkara | 23/10/2018

FSB-aligned total loss-absorbing capacity rules will be presented to the LegCo on 24 October and will go into effect on 14 December.

Capital / Liquidity

G-SIBs Meeting Minimum Capital Levels Under Basel III

By Garima Chitkara | 05/10/2018

Basel Committee semi-annual bank monitoring report found that most banks, including all the large G-SIBs were meeting their capital requirements.

Market Infrastructure

ISDA Chief Urges Early Preparation for ‘Enormous Challenges’ of 2020

By Manesh Samtani | 27/09/2018

The industry will need to start preparing quickly to meet the challenges facing the derivatives market, which will reach a critical point in 2020, says ISDA CEO Scott O’Malia.

Market Infrastructure

Capital Regime a Key Impediment to Accessing Central Clearing

By Manesh Samtani | 13/09/2018

FIA, IFF and GFMA said in a consultative response that the current capital regime overstates the risks of client clearing and raises the costs of providing client clearing services.

Market Infrastructure

ISIN-to-LEI Mapping Initiative Set to Improve Transparency

By Editors | 05/09/2018

New global initiative announced by ANNA and GLEIF will map ISINs to their corresponding LEIs, effectively linking the issuer and issuance of securities.