International

The FSB says it plans to consult on new guidance on evaluating the adequacy of a CCP’s resolution resources, and challenges still remain on aspects of G-SIB resolvability.

Regulation Asia held its second annual Awards ceremony on 13 November 2019 to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.

The Supervisors’ Forum brought together supervisors from over forty countries to discuss ways in which oversight on ML/TF risks can be enhanced.

The BCBS says different supervisory functions should exchange information and cooperate both domestically and across borders, regardless of the institutional setting.

The launch of the BIS Innovation Hub Centre took place on the sidelines of the 2019 Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology.

Firms still take more than a day on average to resolve reconciliations and disputes caused by a lack of data transparency through the trade lifecycle.

The revisions update the list of risk indicators banks should use to conduct risk assessments and specify conditions for using KYC utilities for obtaining customer information.

Banks that draw down on their buffers in times of stress are not deemed to be in breach of their minimum regulatory capital requirements.