Regulatory RelationsRSS

BIS appoints Tara Rice to head CPMI secretariat

Tara Rice has been appointed as head of the secretariat for the Committee on Payments and Market Infrastructures (CPMI) by the Bank for International Settlements (BIS). 

BIS innovation hub rolled out to new locations in Europe and North America

The innovation hub run by the Bank for International Settlements (BIS) is to be extended to four new locations over the next two years, the organisation has said in a statement. 

UK looking to Swiss deal to reinforce outcomes-based approach for global financial services

On June 30, the UK and Switzerland committed to an ambitious bilateral deal on financial services, which the former hopes will help reinforce an outcomes-based approach towards bilateral financial services agreements. 

German EU presidency to focus on economic recovery and a stable financial architecture

On July 1, Germany took over the EU’s six-month rotating presidency with the ambitious aim of spurring the recovery of the bloc’s economy from the Covid-19 pandemic, settling the EU’s budget, driving a sustainable and stable financial architecture and a digital and sustainable economy.

IOSCO outlines good practices for deference among regulators

In a bid to curb regulatory fragmentation and to foster international regulatory cooperation, the International Organization of Securities Commissions (IOSCO) has published 11 practices to encourage cross-border deference among regulators.

Rishi Sunak

UK plans regulatory tweaks as Brexit talks struggle

The UK authorities are firmly looking beyond EU membership and are starting to craft a new regulatory framework, which remains in harmony with global standards, but also takes national interests into account. 

German court ruling over ECB bond buying defused

A challenge by Germany’s Federal Constitutional Court, which could have derailed the Bundesbank’s participation in the European Central Bank’s (ECB) stimulus programmes, appears to have been resolved. 

KfW’s Joachim Nagel appointed as a deputy head at BIS

Joachim Nagel, who sits on the board of German state owned development bank KfW, has been appointed deputy head of the banking department at the Bank for International Settlements (BIS).

UK-US trade talks progress well with more scheduled for June

The UK and US completed formal trade talks on May 5-15 and reported good progress, with the next round of negotiations scheduled to take place on June 15-22.

Ashley Alder to lead SFC for three more years from September

Ashley Alder, the CEO of the Securities and Futures Commission (SFC), who was due to step down in September, will stay in charge for another three years, according to the Hong Kong government.