ADVERTISEMENT
Market Infrastructure
ISDA Calls for Delay to Initial Margin Deadlines
By Editors | 26/03/2020
Without a delay, smaller entities will almost certainly be shut out of the derivatives market, denying them the ability to manage risk when they need it most, says ISDA chief Scott O’Malia.
Fintech / Regtech
Securities Market Principles Can Be Applied to Stablecoins: IOSCO
By Editors | 25/03/2020
Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.
AML / KYC
Holding the Line on Ultimate Beneficial Ownership
By Manesh Samtani | 24/03/2020
Financial institutions need to ensure that UBO information on customers is complete and accurate, but this is only half the battle, says Refinitiv’s Phillip Malcolm.
AML / KYC
Moving to a Continuous KYC Process
By Greg Watson | 23/03/2020
Greg Watson discusses how to streamline KYC reviews and move from regular 1-3-5 year reviews to perpetual KYC, managed-by-exception.
Capital / Liquidity
BCBS, FSB Support Use of Capital, Liquidity Buffers to Maintain Stability
By Editors | 22/03/2020
Using capital resources to support the real economy and absorb losses should take priority over discretionary distributions. HQLA stocks should be used to meet liquidity demands.
Market Infrastructure
SWIFT Defers ISO 20022 Start Date for Cross-border Payments
By Editors | 18/03/2020
ISO 20022 messages for cross-border payments and cash reporting businesses will start from end 2022 instead of November 2021 as originally planned.
ESG / Sustainability
A Review of Post-GFC Regulatory Approaches to Bank Boards
By Editors | 18/03/2020
Of the 19 jurisdictions surveyed, all prescribe ‘fit and proper’ criteria to assess bank board members, however some authorities have no regulatory powers to approve their appointments.
Market Infrastructure
IMF Offers Guidance on Offsetting Economic Impact of Covid-19
By Editors | 17/03/2020
Banks should be encouraged to undertake prudent renegotiation of loan terms for stressed borrowers, but loan classification and provisioning rules should not be eased.
Capital / Liquidity
DTCC Offers Guidance on FRTB’s Risk Factor Eligibility Test
By Editors | 17/03/2020
Access to robust, high-quality price observation data is key to compliance with FRTB requirements to test the eligibility of the risk factors used in internal models.
Big Picture
Wolters Kluwer, PwC Complete PoC Using AI in Regulatory Reporting
By Editors | 15/03/2020
After minutes of training, algorithms were able to use 250,000 records of previously unseen raw data to predict regulatory reporting output with degrees of accuracy exceeding 99%.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team