NGFS members do not yet envisage calibrating prudential policies such as capital requirements on the basis of climate scenario exercises.
October 22, 2021The HKMA said it supports the publication of the new information note, which sets out options to replace USD LIBOR with SOFR in loan contracts.
September 15, 2021Many still believe that misconduct can be discovered only after it occurs: a ‘detect and correct’ mindset. Starling's Stephen Scott says a ‘predict and prevent’ approach is starting to emerge.
July 29, 2021A new report from CPMI, BIS Innovation Hub, the IMF and the World Bank highlights the need for multilateral collaboration and interoperability between CBDCs.
July 13, 2021The end result will be more robust management of climate-related financial risks across the sector, said BOE governor Andrew Bailey.
June 10, 2021Market participants are invited to complete a survey as part of a review of margining practices in cleared and uncleared markets.
May 9, 2021Participants will be asked to develop and showcase solutions that improve cross-border payments, using the ISO 20022 standard and APIs.
February 22, 2021Ahead of COP26 in November, a plethora of regulatory and legislative changes as well as industry-level initiatives will drastically impact the ESG investing space.
January 14, 2021From end-March 2021, GBP LIBOR should no longer be used in any new loans, bonds, securitisations and linear derivatives that mature after end-2021.
January 14, 2021The European Commission says the decision will give financial market participants time to reduce their "excessive" exposures to UK-based CCPs.
September 25, 2020