Brock Arnason discusses the alignment between different reporting regimes and offers best practice recommendations for complying with the requirements.
April 27, 2023The BOE and the FCA will propose new rules by year-end to ensure stablecoins are redeemable in fiat money and do not threaten financial stability.
April 18, 2023The FSB's work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.
March 31, 2023CPMI proposes steps private and public sector stakeholders can take to foster greater PvP adoption in FX trades to reduce settlement risk.
March 29, 2023The FCA and BOE have set out the final changes to the derivatives reporting framework under UK EMIR. Draft validation rules and XML schemas are open for feedback.
March 2, 2023The next phase of work focuses on payment system interoperability, legal and regulatory frameworks, and cross-border data exchange.
February 27, 2023The FSB and CPMI are inviting firms to nominate senior representatives to two separate task forces that will focus on enhancing cross-border payments.
February 24, 2023Extending RTGS system operating hours across jurisdictions would facilitate faster, cheaper, more accessible and more transparent cross-border payments.
February 22, 2023UPIs issued by the DSB will be required in reporting credit, equity, foreign exchange, and interest rate swaps from 24 Jan 2024.
February 17, 2023DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.
February 3, 2023