All posts tagged "BOE"
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173Fintech / RegtechBIS, Six Central Banks to Jointly Explore CBDC Use Cases
The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and share knowledge on emerging technologies.
January 22, 2020 -
376EuropeUK Regulators Set Key LIBOR Transition Deadlines
Market makers have until 2 March to adopt SONIA as the market convention for issuing sterling interest rate swaps, and until Q3 to end all new issuances of LIBOR-based cash products.
January 17, 2020 -
401EuropeUK Digital Regulatory Reporting Pilot Completes Phase Two
Phase two of the DRR pilot highlighted the importance of agreed data standards. An appropriate solution for producing machine-executable regulation has not yet been identified.
January 11, 2020 -
392Europe
UK Financial Regulators Announce Data Reform Proposals
The FCA has set out a plan to become a 'highly data-driven regulator'. The BOE has published a discussion paper on transforming data collection.
January 9, 2020 -
415Capital Regulation
HKMA Rebuts BOE Claim of Hong Kong Fund Outflows
The BOE said in its biannual Financial Stability Report that $5bn has left Hong Kong since April, but the HKMA says the figure does not represent outflows from the city's banking system.
December 19, 2019 -
293EnforcementUK Regulator Penalises Citigroup for Reporting Failures
Citi’s UK failings led to “significant errors” in the firms’ returns, preventing the Prudential Regulation Authority from obtaining an accurate picture of its capital or liquidity position.
November 28, 2019 -
608Fintech / RegtechAgeing Infrastructure Creating Derivatives Market Inefficiencies: ISDA Chief
Firms still take more than a day on average to resolve reconciliations and disputes caused by a lack of data transparency through the trade lifecycle.
November 11, 2019 -
7091Contributed ArticleRegulatory Data: Arrows for the Quiver?
Banks need to be cognisant of how the data they provide to regulators is being used, says Herbert Smith Freehills in its 2019 Global Bank Review.
October 25, 2019 -
415FeatureJapan Hosts First-ever TCFD Summit
Speaking at the Summit, BOE governor Mark Carney lauded Japan's support for the TCFD, but said more needs to be done globally to enhance climate-related financial disclosures.
October 9, 2019 -
409Contributed ArticleExperts Bemoan Hong Kong’s Slow Green Finance Reform
The city's regulator and central bank must introduce guidance and rules more aggressively if they want to show that Hong Kong is committed to green finance, say industry participants.
September 24, 2019
