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’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
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
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
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
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.
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
