Guidance suggests identifiers could be compatible with other types of transaction.
BCBS survey also finds Group 1 banks’ more than halved their Tier 1 capital shortfall.
Morgan McKinley report says cybersecurity among the strongest areas of demand.
Upcoming consultation expected to have ‘no significant deviation’ from BCBS standardised framework.
Guo Shuqing likely to head ‘single operating body’ with authority for banking, securities and insurance regulation.
SBV can take ‘special measures’ against institutions which breach regulations.
Products are typically used to circumvent provision and reserve requirements.
Regulator says ‘principles-based approach’ doesn’t ‘ensure sound residential mortgage lending assessments’.
Authorities to increase coordination, combine regulations, boost enforcement to target systemic risks.
Systemic banks will be required to set up crisis management teams.