International

    AML / KYC

    FATF Removes Sri Lanka from ‘Grey List’; Pakistan to Remain

    By Editors | 23/10/2019

    Sri Lanka has made “significant progress” to address strategic AML/CFT deficiencies; Pakistan has only largely addressed 5 of 27 action items and has failed to meet agreed deadlines.

    Fintech / Regtech

    Suptech Gains Momentum but Approaches Vary: FSI Paper

    By Editors | 23/10/2019

    Suptech use cases have mainly clustered around misconduct analysis, reporting and data management, according a new paper from the BIS Financial Stability Institute.

    Market Infrastructure

    ISDA Publishes Final Results of IBOR Pre-Cessation Consultation

    By Manesh Samtani | 22/10/2019

    The consultation did not yield a consensus among market participants regarding how to address pre-cessation issues related to a benchmark’s nonrepresentativeness.

    Market Infrastructure

    ASIC, ESMA Sign MOU to Cooperate on Benchmarks

    By Editors | 22/10/2019

    The MoU sets out cooperation arrangements to complement the EU’s July equivalence decision, as well as to ensure effective information exchange and supervisory coordination.

    Securities / Derivatives

    NGFS Publishes Guide to Sustainable Investing for Central Banks

    By Editors | 21/10/2019

    The guide identifies the five most common ‘sustainable and responsible investment’ strategies used in central bank portfolio management.

    Capital / Liquidity

    BCBS Releases 17th Progress Report on Basel III Adoption

    By Editors | 21/10/2019

    Since the previous report, member jurisdictions have made the most progress in adopting the NSFR, IRRBB, and large exposures framework.

    Fintech / Regtech

    G20 Finance Leaders Agree to Regulate Stablecoins

    By Editors | 21/10/2019

    Amid warnings from the FSB and FATF, the G20 finance leaders have agreed that no stablecoin project should commence operation until their risks are evaluated and appropriately addressed.

    Market Infrastructure

    Post Crisis Reform Implementation Has Progressed in 2019: FSB

    By Editors | 18/10/2019

    Regulators should lead by example to promote the timely, full and consistent implementation of remaining reforms to support a level playing field and avoid regulatory arbitrage, the FSB says.

    Market Infrastructure

    FSB Reports on OTC Derivatives Reform Progress

    By Editors | 16/10/2019

    Comprehensive trade reporting requirements are in force in 23 of 24 FSB member jurisdictions, and authorities are increasingly making use of trade repository data.

    Securities / Derivatives

    FMSB Issues Final Guidance on Conflicts of Interest

    By Editors | 16/10/2019

    The FICC Markets Standards Board offers guidance to help market participants effectively deal with conflicts of interest that arise within their firms.

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