In particular, the FSB will look at collateralised loan obligations to identify which institutions hold them and assess the risks they may pose in the event of a downturn.
The proposals seek to end a trading practice of encouraging otherwise healthy companies to default by offering them favourable financing in order to pocket CDS payouts.
At an FSB workshop on compensation practices, banks reported an increased focus on conduct risk, management accountability and culture reform.
Under Japan’s Presidency this year, the G20 financial sector agenda will centre on addressing market fragmentation, technological innovation and the problems of aging societies.
Regardless of the BMR compliance extension, it is important that LIBOR transition programmes continue to progress quickly, says Matthieu Sachot at Chappuis Halder & Co.
Institutions should start work immediately to ensure readiness for the Phase 5 implementation of margin reform in September 2020, says KPMG's Tom Jenkins.
Banks are at high risk because they hold the data and funds of private clients, and provide access to their services through multiple online and digital channels, says Moody's Investors Service.
DTCC's Adrien Vanderlinden explores the biggest threats to financial stability 10 years after the financial crisis, and how Asia is responding to potential cyber-threats.
ISDA, FIA and eight other industry bodies warn of the disruptive impact that would result if urgent action is not taken by EU authorities to recognise UK derivatives trading venues.
Policymakers have agreed to give administrators of 'critical' EU and ‘non-critical’ non-EU benchmarks two more years to comply with the Benchmark Regulation.