Fed governor Michelle Bowman said there is "insufficient evidence" that the benefits produced by the proposals would justify the costs.
July 28, 2023EBA initiates climate data consultation with EU banks for Fit-for-55 climate risk analysis in collaboration with ESAs, ECB, and ESRB.
July 25, 2023Michael Barr said the proposed changes would not be fully effective for "some years" because of the rulemaking process and the transition period provided.
July 11, 2023All the reforms will be effective in Singapore from 1 July 2024, except the revised market risk framework and CVA standards. The output floor will be phased in over five years.
June 14, 2023The consultation focuses on the implementation of the revised credit risk framework and the output floor.
June 1, 2023Persistent regulatory timeline uncertainty is a primary implementation challenge of FRTB in APAC, Murex found in a survey of banks.
May 25, 2023US equities and corporate bond markets will move to T+1 on 28 May 2024. The same implementation date is proposed for municipal securities.
March 31, 2023New Acuiti report finds that 64 percent of surveyed crypto derivatives traders have concerns over proof-of-reserves quality.
March 16, 2023The new rules propose to classify banks into three categories based on their business scale and risk levels and treat them differently based on their classification.
February 20, 2023The draft guidelines are open for comment until 15 April 2023. The RBI intends for the guidelines to come into effect from 1 April 2024.
February 20, 2023