The US treasuries market remains vulnerable to more dysfunctional episodes as crises are happening more often which is heaping pressure on policy-makers to find structural fixes.
Amount of initial margin on derivatives trades soared in 2021 - ISDA
The amount of initial margin (IM) collected by the largest market participants for their non-cleared derivatives trades soared by 38% last year according to a survey conducted by the International Swaps and Derivatives Association (ISDA).
FINMA consults on complete revision to its operational risk requirements
The Swiss authorities are consulting on a complete revision to their circular 2008/21 covering operational risks for banks with a particularly strong emphasis on IT, the handling critical data and cyber risks.
Trade bodies urge governments to liberalise cross-border services and data flows
Trade bodies from around the world have banded together to lobby governments to liberalise cross-border digital trade, data movements and to establish fair rules for e-commerce.
Financial services firms call for strong UK competitiveness mandate
In response to new legislation, representatives of UK financial services companies are calling on the government to beef up its competitiveness objective as the country prepares to rip up swathes of EU rules.
Consultations are a chance to drive common ESG standards
A series of consultations by the EU, US and the new International Sustainability Standards Board are an opportunity to drive greater harmonisation in ESG standards, according to financial firms and regulators.
Stablecoin contagion fears likely to spur regulatory clean-up
Signs of contagion among stablecoins are likely to prompt a rapid clean-up of the industry by regulators concerned that problems in the sector could infect traditional financial markets.
New threats to financial stability rapidly emerging
The Covid-19 pandemic is barely winding down and already prominent global bodies are sounding warnings over new dangers to financial stability, this time relating to soaring inflation, rising interest rates, emerging market vulnerabilities and the war in Ukraine.
UK-listed companies will have to explain lack of senior management diversity
Companies listed in the UK will have to disclose the diversity of their boards and executive committees, according to finalised rules published by the Financial Conduct Authority (FCA) on April 20.
UK Treasury launches transition plan taskforce to drive corporate sustainability
A UK Transition Plan Taskforce with the aim of creating a pathway for large UK companies to reduce their carbon emissions has been launched by the UK Treasury.
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