Finance and regulation experts are startled at how much the EU is deviating from Basel guidelines in its latest banking reforms, raising fears of non-compliance with international banking standards. 

Industry preparations for the transition to T+1 settlement for US securities transactions have been underway for more than two years, but nonetheless there are concerns that the SEC’s chosen May 2024 implementation deadline will prove difficult to hit. 

The financial centre wants to launch a new licensing regime, which includes opening up retail investor access. 

Rather than plotting a totally new regulatory course, the UK plans to place crypto within its existing mainstream financial services framework. 

Exploratory work on a digital euro has been underway for more than a year, yet in some ways the UK’s early digital pound proposals are more defined. 

Industry body seeking more time and data to understand the true impact of the major package of proposals.

Regulators are considering the extent to which they should be intervening to ensure voluntary carbon markets are functioning effectively. Is the industry best placed to police itself or is formal action needed by supervisors? 

US broker-dealers were under the spotlight last year for electronic communications record-keeping failures, but they are not the only firms facing regulatory probes. 

The Office of the Comptroller of the Currency is hinting strongly that it wishes to break up the biggest US banks yet, for now, is still readily approving meaty bank mergers. 

Ratios fell from their H2 2021 record highs to pre-pandemic levels in the latest Basel Committee on Banking Supervision Basel III Monitoring Report

The bank will undertake targeted reviews and on-site inspections where it feels further investigation is needed