To support T+1 settlement, FPIs and their service providers would need to completely re-engineer the settlement and funding process, ICI says in a letter to SEBI.
October 25, 2021A draw on an existing agreement that is legally enforceable, such as a committed credit facility, would not be viewed as a new contract.
October 22, 2021A CBDC would help ensure central bank money remains relevant in a digital future, while also providing an additional monetary policy tool, the RBNZ said.
October 5, 2021The RBA has asked ASX to address operational risk and governance issues, as well as develop a framework to address margin procyclicality.
September 30, 2021The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.
September 23, 2021Remote work arrangements and digital financial services have "enlarged banks' attack surfaces", creating opportunities for malicious actors, the BCBS said.
September 21, 2021A paper by Citadel Securities, NYSE, Nasdaq, MIAX, MEMX, and BOX says exchanges can provide an additional layer of protection on top of broker-dealers' own risk controls.
September 13, 2021SGX RegCo's Boon Gin Tan and Grace Mok discuss findings from a survey of exchange members. A new guide on credit risk management has also been released.
September 7, 2021APRA proposes to introduce new expectations for banks requiring them to prepare for scenarios where interest rates fall to zero or turn negative.
July 14, 2021Covid-19 may yet test the resilience of the global financial system, as lenders could still face additional losses as support measures are unwound, the FSB warns.
July 14, 2021