Financial Stability Board

Market Infrastructure

FSB Releases Data Framework on Bank Compensation Practices

By Garima Chitkara | 26/11/2018

The FSB has recommended a data framework for national regulators to assess bank compensation policies and practices in regard to misconduct risk.

Market Infrastructure

More Work Required to Remove Legal Barriers to Trade Reporting – FSB

By Garima Chitkara | 22/11/2018

While a number of legal barriers on reporting and accessing of trade data have been removed, some still remain. China’s position on trade data access remains uncertain.

Big Picture

“Good Progress” On OTC Reform Among G20 Nations – FSB

By Garima Chitkara | 21/11/2018

The FSB found progress in OTC reform implementation on among 24 member jurisdictions, with great strides on trade reporting and higher capital on non-centrally cleared derivatives.

Market Infrastructure

Some Aspects of Post-Crisis Reform Disincentivise Central Clearing

By Manesh Samtani | 20/11/2018

A joint report from the FSB, BCBS, CPMI and IOSCO confirms earlier findings that some aspects of post-GFC reform may not incentivise central clearing of OTC derivatives.

Market Infrastructure

FSB Urges More Progress on CCP Resolution Regimes

By Garima Chitkara | 20/11/2018

Progress to enhance the resolvability of SIFIs is advanced in the banking sector, but most jurisdictions do not yet have a comprehensive resolution regime for CCPs in place.

Capital / Liquidity

Royal Bank of Scotland Removed From G-SIB List

By Garima Chitkara | 19/11/2018

The Financial Stability Board has added France’s Groupe BPCE to its 2018 list of global-systemically important banks and removed RBS and Nordea.

Market Infrastructure

FSB Issues Progress Report on Interest Rate Benchmark Reform

By Manesh Samtani | 15/11/2018

The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.

Capital / Liquidity

PBOC Seeks Acceleration of TLAC Implementation at China’s G-SIBs

By Editors | 08/11/2018

The central bank said China might implement the TLAC framework earlier than 2025 because the country’s ratio of credit bonds to GDP may exceed the 55% trigger set by the FSB.

Market Infrastructure

AIMA Publishes FMCC Implementation Guide

By Editors | 01/11/2018

AIMA, Clifford Chance and Herbert Smith Freehills designed the guide to help Hong Kong asset managers better understand the expectations placed upon them and their constituents.