BIG PICTURE

Big Picture

FIA Calls for Deference in Derivatives Market Regulation

By Ranamita Chakraborty | 05/10/2021

FIA calls on regulators to recognise comparable home country regulation to promote more efficient and less costly market access.

Big Picture

Lack of Crypto Regulation Presents Financial Stability Risk: IMF

By Mark Johnston | 05/10/2021

The IMF says more coordination among national regulators is needed to ensure effective enforcement, reduce regulatory arbitrage, and enhance monitoring of the crypto ecosystem.

Big Picture

FMSB Offers Guidance on Mitigating Risks of Hybrid Working

By Editors | 02/10/2021

In a new Spotlight Review, the FMSB outlines steps firms can take to promote equivalent conduct outcomes in a hybrid environment.

Big Picture

BIS Turns Attention to Practical Issues of Retail CBDC

By Editors | 30/09/2021

The BIS and seven central banks have published three new reports exploring practical policy and implementation issues of general purpose CBDCs.

Fintech / Regtech

Entity-based Regulation Needed to Address Bigtech Risks: BIS

By Manesh Samtani | 29/09/2021

China’s financial holding company regime represents a novel entity-based regulatory approach for big techs, says a new BIS research paper.

Big Picture

OECD Calls on Financial Sector to Bolster Trust in AI

By Sanday Chongo Kabange | 29/09/2021

A new OECD report identifies four determinants of trustworthy AI in the financial sector – transparency, fairness, data governance and accountability.

Big Picture

Australia Funds Industry Prone to Conflicts of Interest

By Editors | 26/09/2021

A “long, complex value chain” of intermediaries between fund managers and retail investors raises the potential for conflicts of interest.

Big Picture

Industry Group Considers Options for Protecting Data at FMIs

By Editors | 23/09/2021

There is no standard approach to identifying the types of data that need to be protected, nor the manner in which that data should be protected.

Capital / Liquidity

Regulatory Relief for Thai Banks to Raise Systemic Risk: S&P

By Pongnut Thanaboonchai | 22/09/2021

The average NPL ratio at Thai banks will likely rise to 6% next year, the highest level since the 2009 GFC, S&P Global Ratings says.