International

Market participants are invited to complete a survey as part of a review of margining practices in cleared and uncleared markets.

Private firms are invited to develop technological solutions to address operational problems in green and sustainable finance.

The best practices cover governance, model validation, annual credit reviews, operational capabilities, risk management, and portfolio monitoring.

Some jurisdictions have regulatory requirements for critical systems of trading venues that do not extend to outsourced functions.

The Standard establishes principles for how dealers should behave when executing large trades to mitigate market impacts, conduct risks and conflicts of interest.

The trade association says governments should carefully consider 7 guiding principles when considering the introduction of a CBDC.

In both cases, OFAC cited voluntary self-disclosures, the non-egregiousness of the violations, and remedial action as the reasons for the penalty amounts.

The surge of technological innovation and related cybersecurity issues strengthen the need for enhanced risk management at central banks, the IMF says.

Once the regime is implemented, CDOR will become a designated benchmark with Refinitiv Benchmarks Services formally designated as its administrator.

The consultation focuses on cloud resilience, cybersecurity risk assessments, and enhanced support for supplier risk assessment activities.