All posts tagged "Governance"
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951FeatureFSB Sets Out Global Transition Roadmap for LIBOR Phaseout
By end-2020, firms should be in a position to offer non-LIBOR loans to customers. By 25 January, firms should adhere to the ISDA fallbacks protocol.
October 18, 2020 -
1.4KAML / KYC
FSB Issues Final Recommendations on Regulating Global Stablecoins
Global stablecoin arrangements are expected to adhere to all applicable regulatory standards and address risks to financial stability before commencing operation, the FSB says.
October 13, 2020 -
1.9KBig Picture
SupTech Increasingly a Strategic Priority for Authorities: FSB
The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.
October 12, 2020 -
1.6KAsia-PacificBSP Revises Minimum Capital Requirement for Digital Banks
The BSP will no longer consider a distinction between a basic and advance digital bank, according to a revised circular issued for industry review and feedback.
October 9, 2020 -
2.7KFeatureSGX RegCo Publishes Regulatory Guide on Algorithmic Trading
The guide describes the governance, risk controls, and development and testing process that SGX members should have in place when using algorithms in trading.
October 2, 2020 -
1.7KESG / SustainabilityIFRS Foundation Consults on Role in Global Sustainability Standards
One possible option is for the IFRS Foundation to establish a new sustainability standards board, operating alongside the IASB, focusing initially on climate-related matters.
October 2, 2020 -
1.3KAustralia & NZCHESS Replacement ‘Critical’ to Manage Systemic Risk: RBA
Replacing CHESS with more modern technology is critical to ASX's ongoing management of systemic risk, said RBA assistant governor Michele Bullock.
October 1, 2020 -
1.6KBig PictureIBOR Phase-out Plans on Track Despite Covid: Moody’s
But challenges remain, including limited liquidity in ARR markets, uncertainties on term rates and credit spread adjustments, and operational issues.
September 29, 2020 -
3.4KCrypto / Digital AssetsEU Unveils Digital Finance Strategy, Crypto-asset Framework
The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.
September 28, 2020 -
854Australia & NZNew Zealand FMA Warns of Action Against Poor Conduct
There are no excuses for conduct that presents the risk of harm to investors, customers and the integrity of the markets, says FMA chief Rob Everett.
September 25, 2020
