Financial Stability Board

Structural Regulation

Asian Firms at Risk of Drowning Under Wave of Regulation from US, Europe

By David Farmery | 30/11/2017

The wave of financial regulation about to wash over Europe and North America could eventually overwhelm Asian institutions.

AI Risk & Governance

The Final Frontier of Financial Regulation

By Peter Guy | 20/11/2017

FSB’s recent paper on artificial intelligence and machine learning reveal how far we are from managing its unknown effects on financial markets.

Market Data & Technology

Japanese Banks Call for Simplified UPI Rules

By Editors | 20/11/2017

Bankers Association says its members already provide legal identifiers under local regulation and the rules of countries in which they operate.

Structural Regulation

China Playing Catch-up on Hedge Fund Data Sharing – IOSCO

By Editors | 09/11/2017

Although China has set up supervisory mechanisms, it has not yet established an information sharing mechanism to help establish global systemic risk.

AI Risk & Governance

FSB Reports on ‘Rise of the Financial Machines’, Backs Regtech

By Samuel Riding | 02/11/2017

Report suggests AI and machine learning could create new systemically important players, warns on opacity, audit difficulty.

Resolution & Recovery

HK Legco to Consider Recovery Planning, Large Exposures Bill

By Editors | 19/10/2017

Banking Ordinance already includes resolution, but not recovery, requirements; HKMA to retain ‘general power’ on exposure limits.

Market Data & Technology

CPMI, IOSCO Call for Uniformity in UPI Creation, Reporting

By Editors | 02/10/2017

Report proposes that each UPI maps to reference data which indirectly describes an OTCD product without identifying transaction details.

Resolution & Recovery

HK Beats Singapore to Resolution Regime

By Editors | 10/07/2017

HKMA narrowly outpaces Singapore rival to enacting regime; becomes lead resolution body with responsibility for securities and insurance as well as banking.