The Single Resolution Board (SRB) has launched a consultation on its ‘Expectations for Banks.’ The document outlines best practices on key aspects of resolvability. The document sets out the capabilities
-
FSB publishes UPI governance arrangements
The Financial Stability Board has published a report on the governance arrangements for the globally harmonised Unique Product Identifier (UPI). The UPI will uniquely identify the product involved in -
Nigeria gazettes its Banks and Other Financial Institutions Act
Nigeria has gazetted its Banks and Other Financial Institutions Act (BOFIA), 2020. The country’s National Assembly enacted BOFIA recently. A copy of the gazette is available here. Photo -
Canada: OSFI publishes findings from consultation with deposit-taking institutions
The Office of the Superintendent of Financial Institutions (OSFI) has published findings from consultation with deposit-taking institutions. OSFI had commissioned an independent research firm to consult with deposit-taking institution -
Report on Fintech Adoption in Hong Kong Banking Industry
The Hong Kong Institute for Monetary and Financial Research has published a report on Fintech penetration in Hong Kong. Titled “Fintech Adoption and Innovation in the Hong Kong Banking
July 21, 2019
Banking Regulation: The Week of April 16, 2018
This review highlights regulatory interventions by supervisory authorities from around the world. 1. Canada: i) Office of the Superintendent of Financial Institutions – Final Total Loss Absorbing Capacity Guideline OSFI issued final version of the Total Loss-Absorbing Capacity Guideline (TLAC). The TLAC sets out the framework OSFI Asia & South America, Europe, North America
July 21, 2019
Regulatory Interventions in the Banking Space: October 23 – 30, 2017
…a compilation of most recent banking regulatory developments from around the world. October 30, 2017: 1. United States: Federal Deposit Insurance Corporation, the Federal Reserve System, and the Office of the Comptroller of the Currency – Proposed Amendment of the Capital Rule The Office of the Comptroller Europe, North America, Oceania & Antarctica
July 21, 2019
Regulatory Interventions in the Banking Space: October 17 – 23, 2017
…a compilation of most recent banking regulatory developments from around the world. October 23, 2017: 1. United States: Federal Deposit Insurance Corporation, the Federal Reserve System, and the Office of the Comptroller of the Currency – Liquidity Coverage Ratio: Frequently Asked Questions The Federal Deposit Insurance Corporation, Africa, Asia & South America, Europe, North America
July 21, 2019
Regulatory Interventions in the Banking Space: The Week of September 18, 2017
September 19, 2017: 1. United Kingdom: European Banking Authority – Consultation on significant risk transfer in securitization The European Banking Authority (EBA) launched a public consultation on its discussion paper on significant risk transfer in securitization. The EBA is using the discussion paper to seek stakeholders’ views Asia & South America, Europe, North America, Oceania & Antarctica
July 21, 2019
Most Recent Regulatory Interventions in the Banking Space
…a compilation of banking regulatory developments across the globe. September 5, 2017: 1. Switzerland: Financial Standard Board – Key Attributes of Effective Resolution Regimes for Financial Institutions The Financial Standard Board (FSB), an international body which monitors and makes recommendations about the global financial system, announced addition Africa, Asia & South America, Europe, North America