ADVERTISEMENT
AML / KYC
FSB Publishes Roadmap on Enhancing Cross-Border Payments
By Editors | 13/10/2020
The roadmap seeks to address key challenges faced in cross-border payments including high costs, low speed, limited access and insufficient transparency.
Fintech / Regtech
FSB Calls on Authorities to Regulate BigTech in Financial Services
By Editors | 12/10/2020
Where financial services activities are undertaken by new types of actors, such as BigTech firms, the principle of ‘same risk-same regulation’ should apply, the report says.
Big Picture
SupTech Increasingly a Strategic Priority for Authorities: FSB
By Editors | 11/10/2020
The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.
Market Infrastructure
ISDA to Launch IBOR Fallbacks Supplement, Protocol on 23 Oct
By Editors | 11/10/2020
Widespread adoption is a tangible step financial and non-financial firms can take to avoid disruptions in derivatives markets and mitigate risks at a system-wide level, the FSB says.
Fintech / Regtech
G20 Data Gaps Initiative Has ‘Proven its Value’: FSB, IMF
By Editors | 07/10/2020
The fourth progress report on phase two implementation of DGI-2 says progress made to date has proven its value during the crisis triggered by the Covid-19 pandemic.
Crypto / Digital Assets
BIS Innovation Hub Announces G20 TechSprint Winners
By Editors | 07/10/2020
FNA won the dynamic information-sharing category; Tookitaki won in the monitoring and surveillance category; ISDA and REGnosys won the regulatory reporting category.
Capital / Liquidity
China Issues G-SIB TLAC Rules for Consultation
By Editors | 30/09/2020
Under the rules, China’s G-SIBs must have loss-absorbing capacity amounting to at least 16 percent of risk-weighted assets starting from 1 January 2025.
Market Infrastructure
FSB Confirms Governance Body for OTC Derivatives Identifiers
By Editors | 27/09/2020
The Regulatory Oversight Committee of the Global LEI System will be the International Governance Body for the UTI, UPI and CDE as of 1 October.
Capital / Liquidity
Too Big to Fail: Markets Abhor a Vacuum
By Jamie Lloyd Evans | 24/09/2020
Some characteristics of the TBTF challenge are specific to Asia, but these may be intractable from ‘winner-takes-all’ capitalism and national interests, writes industry veteran Jamie Lloyd Evans.
Capital / Liquidity
FSB Defers Haircut Standards for Securities Financing Transactions
By Editors | 08/09/2020
The extensions will help to ease operational burdens on banks, broker-dealers and regulators, allowing them to focus on Covid-19 related priorities.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team