Stress testing regimes have come a long way since the 2007-9 global financial crisis, however, they are still evolving with regulators on both sides of the Atlantic signalling potential changes
Dealers versus clearers: a battle of living wills
A recent consultation by the Financial Stability Board has further highlighted a deep schism in the industry over the procedures for resolving a failing clearing house
Brexit could set tone for cross-border regulatory arrangements
Any EU/UK deal on financial services could significantly influence how other jurisdictions recognise third country financial services providers. By Justin Pugsley.
FSB urges jurisdictions to remove legal barriers and share more derivatives data
The FSB is keen to see financial centre share more data about derivatives trades to drive greater transparency, but this does mean tackling legal barriers in individual jurisdictions
AI raises new governance challenges for regulators and industry
Such is the unique nature of artificial intelligence in that inputs don’t produce predictable outputs that regulators and industry will have to think carefully about the governance structures surrounding this unique technology
Europe forced to rethink conduct regimes following Danske Bank scandal
A spate of money laundering scandals is forcing EU regulators to rethink the way they regulate and monitor financial institutions’ activities around ‘dirty’ money
Are onsite regulators the best way to drive behavioural change within banks?
There is a great deal of debate about how to facilitate behavioural change within banks. One way could be to have regulators on site, as ASIC is planning to do in Australia following a spate of banking scandals. But is it the right approach? By Lisa Andersson, head of research at Aktis.
The lessons of Lehman live on in data lineage
One of the great lessons of the collapse of Lehman Brothers was the lack of data surrounding its operations and relationships with counter-parties. Since then there has been an intense focus on data quality with considerable progress made. By Charlie Browne, head of market data and risk at GoldenSource.
