BIG PICTURE

Big Picture

FMSB Publishes Spotlight Review on “3 Lines” Model

By Editors | 09/06/2023

The FMSB review calls for the 3 Lines Model to be repositioned as a lens for examining risk management frameworks.

Big Picture

Banks Increasingly Expected to Prevent Misconduct – Report

By Manesh Samtani | 07/06/2023

New report from Starling says outcomes-based regulation, culture initiatives, data science and technology can help enhance culture and conduct risk management in the banking industry.

Fintech / Regtech

Stanchart, PwC Examine CBDC Opportunities in GBA

By Sanday Chongo Kabange | 06/06/2023

The paper says the GBA is an ideal launch pad for CBDC pilots given its use of three different currencies and monetary authorities.

ESG / Sustainability

WWF-Singapore Assesses ESG Integration Efforts at Private Banks

By Editors | 06/06/2023

The study identified a need private banks to improve risk management and better incorporate ESG risk assessments and scenario analysis in their processes.

Big Picture

IIF, WTW Explore Metrics for Quantifying Transition Risk

By Mark Johnston | 02/06/2023

The report says emissions-based metrics do not provide a comprehensive indication of a company’s overall exposure to transition risk.

Capital / Liquidity

CCP Margin Models Lack Transparency, Predictability – Report

By Manesh Samtani | 27/05/2023

New BCBS-CPMI-IOSCO report examines the impact of CCP margin models on market participants in the aftermath of Russia’s invasion of Ukraine last year.

Capital / Liquidity

Regulatory Uncertainty a Key FRTB Implementation Challenge

By Manesh Samtani | 25/05/2023

Persistent regulatory timeline uncertainty is a primary implementation challenge of FRTB in APAC, Murex found in a survey of banks.

Big Picture

BSP Addresses GCash Service Disruption, Unauthorised Transactions

By Editors | 19/05/2023

Phishing attacks where users shared their OTPs with scammers were the root cause behind unauthorised transactions at GCash.

Crypto / Digital Assets

GFMA Report Details How DLT Will Benefit Capital Markets

By Editors | 18/05/2023

The report calls for market participants to proactively shape the future use of DLT and for policymakers to provide greater regulatory clarity.