International

Capital / Liquidity

BCBS, IOSCO Target Simple, Transparent Securitisation Structures

By Garima Chitkara | 16/05/2018

Preferential regulatory capital treatment to be applied for banks acting as investors in or as sponsors of short-term securitisations that meet ‘simple, transparent and comparable’ criteria.

Fintech / Regtech

IOSCO Meets to Discuss Investor Protection, Emerging Risks

By JP Reimann | 15/05/2018

Board to develop support framework to help members address impact of ICOs on investor protection; agree to launch ‘Fintech Network’ to facilitate collaboration on fintech.

Capital / Liquidity

When FRTB Meets the Real World

By Peter Guy | 14/05/2018

The Fundamental Review of the Trading Book was supposed to redefine how banks collectively manage risks. Yet, risk can still be a ‘ghost in the machine’.

AML / KYC

CPMI Releases Strategy for Reducing Wholesale Payments Fraud

By JP Reimann | 09/05/2018

Central banks urge stakeholders to pursue adoption of common strategy to improve security of wholesale payments; will monitor progress to determine the need for further action.

Enforcement

FSB Issues Recommendations on Compensation Data Reporting

By Editors | 08/05/2018

Proposed data sets include questions for determining whether governance processes appropriately use compensation and incentive systems to promote good conduct, remediate undesirable conduct and support identification of emerging misconduct risk.

Market Infrastructure

Fintech a Key Enabler for Financial Firms – DTCC

By Manesh Samtani | 07/05/2018

Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

AML / KYC

Regulation in the Age of Cryptocurrencies

By Will Hallatt | 02/05/2018

Blockchain technology is ushering in a new epoch of monetary oversight, creating opportunities and challenges for regulators in a world disrupted by the advent of cryptocurrencies.

AML / KYC

Postcards from the Crypto Frontier

By Peter Guy | 30/04/2018

Like a wild west cowboy town, Asian crypto-trading has overwhelmed regulatory efforts to control and discourage its growth. But regulatory confusion and misunderstanding have created opportunities and pitfalls.

Market Infrastructure

FSB Publishes Second UPI Governance Consultation

By JP Reimann | 27/04/2018

Consultation covers fee models and cost recovery, intellectual property, standardisation, competition among UPI service providers, arrangements for UPI reference data library.