Jeroen Van Doorsselaere

Basel shifts on FRTB, but banks still see compliance as challenging

FRTB has been finalised and though the revised framework contains some changes asked for by the industry, there were few surprises and banks did not get everything they wanted.

Dubai

Dubai’s banks adapt to tougher economic and regulatory environment

Tougher economic conditions and more intrusive supervision is forcing banks in Dubai to consolidate to preserve margins and profitability

Andrew Schmulow

Australian royal commission turns out to be less radical than banks feared

A slew of banking scandals in Australia has seen the authorities conclude that it was less the law that was at fault and more a case of it not being applied vigorously enough by regulators. The subsequent recommendations aim to address the deficit in application

FCA entrance

Realisation sinking in that Libor’s days are numbered

A visible shift towards alternative risk free rates to replace scandal tarnished Ibors is happening, but regulators remain concerned over whether the pace is fast enough

MiFID II one year on

Firms brace for MiFID II related sanctions as regulatory patience runs out

Just over a year on, it turns out that many firms are still struggling with various aspects of MiFID II leaving them vulnerable to sanctions as regulatory patience is wearing thin

Ant financial

Bigtech and fintech define their boundaries in banking markets

Bigtech and fintech firms are not just posing a competitive threat to traditional banks, but are also a potential headache for regulators who want to curb any potential systemic risks without stifling innovation and competition. 

Anna Kulik

CSDR: the forgotten reporting regime

Not only do many market participants not realise that they’re in scope for CSDR, but the regulation itself has a number of issues in its drafting that make it difficult to comply with