International

Market Data & Technology

ISDA Publishes Full Version of Derivatives Lifecycle Blueprint

By Editors | 22/03/2019

The ISDA Common Domain Model for interest rate and credit derivatives has been published, part of a push to standardise global derivatives trading and automate market practices.

Cloud & Infrastructure

GFMA, PwC Identify Technology Challenges for Investment Banks

By Manesh Samtani | 22/03/2019

A new report from the GFMA and PwC says third-party providers could pose a challenge to banks’ core offerings if banks are not keeping pace with innovation.

Capital Adequacy

Basel III Monitoring Reveals Fall in Big Banks’ Capital Ratios

By Editors | 21/03/2019

The latest monitoring exercise indicates that all banks are meeting CET1 and LCR requirements, but that the biggest banks’ capital ratios have fallen for the first time.

Conduct, Culture & Accountability

FMSB Reports Progress in Enhancing Market Conduct Standards

By Editors | 20/03/2019

The FICC Markets Standards Board, in its 2018 annual report, highlighted key achievements to enhance standards of behaviour in wholesale FICC markets.

Trading & Investment

MAS Publishes Finalised Mandatory Trading Regulations for Derivatives

By Kai Loon Loh | 19/03/2019

Kai Loon Loh and Patrick Phua at global law firm Ashurst sum up the key takeaways from the MAS response to consultative feedback and the now-finalised mandatory trading regulations.

Resolution & Recovery

ISDA, FIA, IIF Publish CCP Resolution Incentives Analysis

By Garima Chitkara | 18/03/2019

ISDA, FIA and IIF members dispute the appropriateness of extending the NCWOL safeguard to equity holders, and debate the size of the “skin-in-the-game” tranche.

Emerging Prudential Risks

BCBS Sets Out Minimum Expectations for Banks Exposed to Crypto

By Editors | 18/03/2019

The minimum prudential expectations for banks exposed to crypto-assets relate to due diligence, governance and risk management, public disclosure and supervisory dialogue.

Structural Regulation

CPMI-IOSCO Report Progress in PFMI Implementation

By Editors | 15/03/2019

23 of 28 jurisdictions that participate in the CPMI-IOSCO implementation monitoring programme have adopted measures for all financial market infrastructure types, compared to 21 last July.

Cybersecurity

For Cybersecurity Best Practice, Look to the Finance Industry

By Pieter Danhieux | 14/03/2019

Security expert Pieter Danhieux discusses how firms can improve culture, training programmes and coding practices, to help the financial industry maintain leadership in cybersecurity.