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Discussion around current trends in regulations for banks globally
Those of us who work in financial services are keenly aware that third-party risk management (TPRM) continues to be a key area of focus for global financial services regulators. Recently, we have seen...
ISO20022, also known as the universal financial industry message scheme, is the platform proposed by the International Organization for Standardization (ISO) to develop all financial messages. It is n...
With regulators worldwide becoming more and more demanding and processes to get licensed becoming more and more costly and complex, obtaining a license from a regulatory authority has become a full bu...
Following the financial crisis, bank control authorities (like the FCA in the UK or the FSMA in Belgium) and compliance departments within banks have grown exponentially. As a result, regulatory costs...
No enterprise has ever wanted unplanned downtime of their services; and that is especially true in the financial services industry. Over the last two years, there have been multiple banking system fa...
All you may have already seen the Finextra article with reference to Green RWA Asssocation, the theory ids bansk need to hold capital for all risks, therefore our paper proposes a methodology to alloc...
The Paycheck Protection Program (PPP) offers a case study in government activism. It’s vital: At a time when the economy is reeling from a global pandemic, PPP is designed to support a variety of busi...
SRD II won’t be postponed! The verdict came from the European Commission earlier this month! Despite the joint letter sent by several post-trade groups and the call to postpone the deadline of SRD II...
According to the second Payment Service Directive (PSD2), all the financial institutions that provide payment accounts (ASPSPs) - banks, e-wallets, prepaid cards, neobanks and e-money institutions wit...
Finance is very much a data business with financial firms critically dependent on good information. They need fast access to comprehensive data, which provides them with insight in order to provide se...
Writen by Colin Weir Associate at Carlyle - Executive Search insights provided by Adrian Sargent The Covid-19 crisis has highlighted that financial stress events can occur with little prior warning an...
The Basel Committee’s revised Pillar 3 framework of 2015 was intended to address shortcomings in the consistency and comparability of firms’ regulatory disclosures. Introducing standardised disclosure...