INTERNATIONAL

    AML / KYC

    Urgent Action Needed to Prevent Misuse of Virtual Assets – FATF

    By Manesh Samtani | 23/10/2018

    There is an urgent need for all jurisdictions to take coordinated action to prevent the use of virtual assets for crime and terrorism, the FATF said.

    Market Infrastructure

    Banks Team Up to Develop Digital Trade Finance Network

    By Manesh Samtani | 23/10/2018

    The ‘Trade Information Network’ is expected to be production-ready by Q3 2019, representing the “first inclusive global multi-bank, multi-corporate network in trade finance”.

    Capital / Liquidity

    Basel Invites Feedback On Leverage Ratio Reform

    By Garima Chitkara | 19/10/2018

    The Basel Committee is inviting feedback on the approach to reforming the leverage ratio as it applies to client cleared derivatives.

    Market Infrastructure

    DLT Can Process Peak Equity Trading Volumes – DTCC

    By Manesh Samtani | 18/10/2018

    The results of the study prove that distributed ledger technology’s performance can scale to meet the needs of markets of different sizes and maturity, says DTCC’s Murray Pozmanter.

    Market Infrastructure

    G7 Publishes ‘Fundamental Elements’ for Financial Sector Cyber Resilience

    By Editors | 17/10/2018

    These include a guide for assessing cyber resilience through threat-led penetration testing, and best practices for managing cyber risk posed by third parties.

    Big Picture

    ISDA Publishes Updated Template for Close-Out Netting Legislation

    By Manesh Samtani | 17/10/2018

    Jurisdictions are increasingly seeking guidance on implementing legislation to ensure the enforceability of close-out netting, the “single most important risk mitigation tool in derivatives markets”.

    Market Infrastructure

    SWIFT gpi Analytics Tool to Improve Payments Optimisation

    By Editors | 05/10/2018

    New analytics tool will provide gpi members with actionable business intelligence and enable a better understanding of end-to-end payment flows.

    Fintech / Regtech

    Financial Institutions on Digitalisation Journey Should Look Within

    By Arnaud Picut | 05/10/2018

    With digitalisation becoming a mainstay concept, it’s time for financial institutions to rethink and take a holistic view on their digital transformational journeys.

    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

    BSE’s India INX Enables Access to CME Group of Exchanges

    By Editors | 05/10/2018

    New ‘Global Access’ platform enables access to cash and derivatives markets on international exchanges; connectivity with CME Group exchanges already established.

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