International

Capital / Liquidity

Basel Regulators Consider 2020 Initial Margin Relief

By Manesh Samtani | 21/01/2019

Although it is still unclear which of the proposals will be adopted, the industry sees the data as so compelling that regulators will recognise the need for some form of relief.

Capital / Liquidity

Principles on Liquidity Risk Management Remain ‘Fit For Purpose’ – BCBS

By Editors | 18/01/2019

Based on a review initiated in 2017, the Basel Committee says its 2008 Principles for Sound Liquidity Risk Management Supervision remain fit for purpose, while warning of risks ahead.

Fintech / Regtech

HSBC to Enable Blockchain-based FX Settlement Platform for Clients

By Editors | 15/01/2019

In the last year, HSBC has processed more than 3 million internal FX transactions worth over $250bn using the blockchain-based FX settlement platform.

Securities / Derivatives

FMSB Issues Good Practices for Suspicious Transaction, Order Reporting

By Editors | 15/01/2019

The FICC Markets Standards Board has published the final version of its Statement of Good Practice on suspicious transaction and order reporting.

Capital / Liquidity

Basel Committee Eases Trading Book Capital Requirements for Banks

By Editors | 15/01/2019

The final revisions to the market risk framework reduces the amount of total market risk capital for banks’ trading books by almost half compared to the 2016 version.

Big Picture

APAC Capital Markets Set for Rapid Growth in Coming Decade

By Manesh Samtani | 14/01/2019

New report from GFMA and New Financial offers policy recommendations to support the growth of deeper and more effective capital markets.

Market Infrastructure

BIS Issues Report on Central Bank Digital Currencies

By Editors | 10/01/2019

Only one of 63 central bank respondents has said it is very likely to issue a central bank digital currency in the next six years.

AML / KYC

Human Trafficking and AML: 2019 Could Be a Turning Point for Asian Banks

By Nick Turner | 03/01/2019

Banks will need to adapt existing AML programmes to include new monitoring scenarios and train staff to recognise human trafficking red flags, says Nick Turner at Clifford Chance.

Market Infrastructure

ISDA Releases Final Report on Benchmark Fallbacks Consultation

By Editors | 24/12/2018

ISDA will proceed to develop fallbacks based on the ‘compounded setting in arrears rate’ and the ‘historical mean/median approach to the spread adjustment’.