Reporting and GovernanceRSS
City of London - Getty

UK banking ethics improving, but work still to be done

Some 13% of bankers believe it is difficult to progress their careers in a completely ethical manner while a third worry about negative fallout if they raise concerns, according to the second annual report by the Banking Standards Board. By Justin Pugsley.

Leading trade association insists on sign-up to FX code

When the Bank for International Settlements launched its FX code of conduct there were doubts if it would really be effective. Nonetheless, it has been given a big boost by a leading trade association insisting that its members sign up to it.

FDIC’s Hoenig proposes a modern Glass-Steagall Act

Thomas Hoenig, the vice chairman of the Federal Deposit Insurance Corporation, is proposing a revival of the Glass-Steagall Act, but with some twists. Justin Pugsley reports.

David Murphy

Firms face documentation struggle despite new variation margin deadline

Moving back the deadline by six months to comply with variation margin rules for uncleared derivatives was greeted with a sigh of relief by market participants. Even so, they still face an uphill struggle to get their documentation in order on time.

Basel wraps G-SIBs over the knuckles on data requirements

The Basel Committee on Banking Supervision is finding deficiencies with large global banks when it comes to data aggregation and reporting  

Susanne Chishti - Fintech Circle

Regtech’s deepening role likely to spark greater regulatory scrutiny

Regulators likely to take a deeper interest in regulatory technology as it takes on more critical tasks and deepens its role within banks

Positioning banks to succeed in an open banking APIs environment

The UK’s open banking initiative is set to revolutionise the market for financial services while creating competitive pressures for banks. Nonetheless, it isn’t all bad news for banks as open banking also offers potential new opportunities for the industry, writes Mark Doherty, vice president for product at Monitise.

CFTC grants swaps dealers six-month reprieve on variation margins

CFTC gives swaps dealers another six-months to be compliant with over-the-counter derivatives variation margin rules.

US-EU flags

How to manage complex cross-border internal investigations

US and European regulators take very different approaches to handling issues as diverse as whistle-blowing and data protection, making cross-border investigations into financial crime a challenge.

Supervisors show flexibility over OTC margin deadline

Supervisors have acted to preserve orderly OTC non-cleared derivatives markets by granting variation margin reprieve for smaller financial firms. By Justin Pugsley.

We use cookies to improve site performance and enhance your user experience. If you’d like to disable cookies on this device, please see our cookie management page. If you close this message or continue to use the site, you consent to our use of cookies on this device in accordance with our cookie policy, unless you disable them.