The ECB identified "material shortcomings" in how banks manage counterparty credit risks. Banks should "promptly address weaknesses".
January 19, 2023Separately, US senators asked banking regulators to provide details on banks that have engaged in crypto-related services.
December 13, 2022Central clearing makes OTC derivatives trading safer, more efficient, and more competitive for participants, FSC chair Huang Tien-mu said at the launch ceremony.
July 27, 2022VM rules were proposed in 2020 and will now take effect from 1 December 2022. IM rules are open for comment until 29 July 2022.
June 20, 2022The CBIRC has also named 43 more shareholders of banks and insurers who it says have violated regulations.
June 7, 2022The first pilot, led by DBS, JP Morgan and Marketnode, will explore potential DeFi applications in wholesale funding markets and help inform regulatory policy.
June 1, 2022ISDA's paper offers a framework for emerging and developing market policymakers seeking to transpose global standards for derivatives markets in local rule sets.
May 24, 2022Large exposures are defined as exposures equal to or higher than 10 percent of the Tier 1 capital, double the previous 5 percent threshold.
April 26, 2022The new definitional booklet and related set of provisions will enable allow firms to document derivatives and securities financing transactions under a single ISDA Master Agreement.
March 1, 2022The CBIRC seeks to clarify the enforceability of close-out netting in China, saying the labelling of the country as a “non-netting jurisdiction” has harmed its financial institutions.
December 2, 2021