Clearstream readies for CSD-regulation
In autumn, another milestone will be met: Deutsche Börse subsidiary Clearstream will apply for new licenses to operate under the Central Securities Depositories Regulation (CSDR). CSDR…
Regulation and Compliance
EBA updates on the impact of IFRS 9 on banks across the EU
The European Banking Authority (EBA) has published a Report including some qualitative and quantitative observations of its second impact assessment of IFRS 9. This exercise,…
Comprehensive Cybersecurity Bill published for consultation in Singapore
A briefing from Norton Rose. Overview: On 10 July 2017, the Singapore Government unveiled its draft Cybersecurity Bill (the Bill) and announced a public consultation…
NSD’s Master agreement passes compliance threshold
National Finance Association (NFA), a self-regulatory organization which brings together Russian financial market participants, has confirmed the compliance of the form of the Master Agreement…
Redefining Regime Won’t Prevent SIs Increasing Market Share
Following the European Commission’s proposal to redefine Systematic Internalisers, Michael Horan, Head of Trading Services at BNY Mellon’s Pershing, has made some comments: “The European Commission…
Looking both ways
Sam Woods, the Deputy Governor for Prudential Regulation and CEO of the PRA, says that we are living through “a vital moment” in the supervision…
BCBS & IOSCO propose criteria for short-term securitisations
The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) today released the consultative document Criteria for identifying simple, transparent…
EBA publishes its Risk Dashboard
The European Banking Authority (EBA) has published a periodical update of its Risk Dashboard. It summarises the main risks and vulnerabilities in the EU banking…
Basel Committee reports to G20 Leaders
The Basel Committee on Banking Supervision has today published a report for the G20 Leaders at their Summit in Hamburg on 7-8 July. The report is…
Two new Practioner panel chairs for the FCA
The Financial Conduct Authority Chairman, John Griffith-Jones, has today announced the appointments of new Chairs for the FCA’s independent Practitioner Panel and Markets Practitioner Panel….