All posts tagged "GFMA"
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442FeatureFrench, German Banks Get More Time to Solve India CCP Issue
French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.
February 22, 2023 -
397Capital / LiquidityIndustry Says BCBS Cryptoasset Treatment is Prohibitive for Banks
The cap on banks' exposures to cryptoassets should be raised from 1% to 5% of tier 1 capital, and based on net rather than gross exposures. The infrastructure risk add-on should be scrapped.
October 8, 2022 -
533Capital / LiquidityIndustry Bodies Call on BCBS to Revisit SA-CCR Standard
The SA-CCR framework, having been finalised in 2014, does not adequately reflect structural changes in the derivatives market and the overall regulatory framework.
April 27, 2022 -
1.2KBig PictureGFMA Paper Outlines Benefits and Challenges of Wholesale CBDCs
A wholesale CBDC must be crafted with public and private sector collaboration. Implementation timelines should be set cautiously.
February 23, 2022 -
815Big PictureFRTB Will Turn Banks Away from Fund Investment Activity
The FRTB treatment of equity investments in funds is "excessively conservative" and could prompt banks to reduce their activity in the sector, ultimately weakening the market.
January 14, 2022 -
546Big Picture
GFMA, BCG Call for Rapid Scaling of Carbon Markets
Rapid scaling and better coordination of carbon markets are necessary to accelerate global decarbonisation and meet the Paris Agreement goals.
October 28, 2021 -
582Capital / LiquidityIndustry Bodies Call for Less Stringent Treatment of Cryptoassets
The prudential framework envisaged by the BCBS consultation would create "material impediments" to regulated bank participation in cryptoasset markets.
September 23, 2021 -
548Big Picture
GFMA, BCG Publish Principles for Climate Finance Taxonomies
The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.
June 23, 2021 -
651Big Picture“Swift Action” Needed to Implement Carbon Pricing: GFMA
An estimated $100 to $150 trillion of climate-related investment will be required over the next three decades to transition to a low carbon economy, says a report from GFMA and BCG.
December 6, 2020 -
2.8KEuropeIndustry Bodies Call on EU to Reform Benchmarks Regulation
The majority of third-country benchmarks pose no systemic risk but could nevertheless be barred from use in the EU due to a costly and burdensome third-country benchmark regime.
June 30, 2020
