Although it is still unclear which of the proposals will be adopted, the industry sees the data as so compelling that regulators will recognise the need for some form of relief.
Based on a review initiated in 2017, the Basel Committee says its 2008 Principles for Sound Liquidity Risk Management Supervision remain fit for purpose, while warning of risks ahead.
In the last year, HSBC has processed more than 3 million internal FX transactions worth over $250bn using the blockchain-based FX settlement platform.
The FICC Markets Standards Board has published the final version of its Statement of Good Practice on suspicious transaction and order reporting.
The final revisions to the market risk framework reduces the amount of total market risk capital for banks' trading books by almost half compared to the 2016 version.
New report from GFMA and New Financial offers policy recommendations to support the growth of deeper and more effective capital markets.
Only one of 63 central bank respondents has said it is very likely to issue a central bank digital currency in the next six years.
Banks will need to adapt existing AML programmes to include new monitoring scenarios and train staff to recognise human trafficking red flags, says Nick Turner at Clifford Chance.
ISDA will proceed to develop fallbacks based on the 'compounded setting in arrears rate' and the 'historical mean/median approach to the spread adjustment'.
Over half of SWIFT's cross border traffic now goes through as gpi payments, with full adoption by its 10,000 member banks expected by end-2020.