Latest articles from Regulation

cloud computing

Banks’ cloud push ‘hindered by fragmented global regulations’

March 17, 2021

Consistent regulatory approach to use of cloud by financial firms required, argues ASIFMA.

City of london

Review proposes radical shake-up of UK’s listing regime

March 15, 2021

Lord Hill listing review aims to boost London's competitiveness in the post-Brexit era.

Lael Brainard

Fed governor calls for lessons to be learned from Covid shock

March 15, 2021

Covid turmoil underscores need to ensure financial sector can withstand a range of shocks, says Lael Brainard.

UK-EU face off

Brexit and equivalence — the path to salvation for UK banks?

March 3, 2021

There are over 40 areas of potential equivalence in UK-EU financial services law. But they are so narrow that UK banks stand to gain little.

libor

Libor’s long farewell — is this the final act?

March 1, 2021

The global drive to replace Libor with alternative benchmarks is entering a final crucial period.

AI tech

AI shares the heavy lifting in Libor transition

February 23, 2021

With references to benchmark across thousands of contracts, banks have enlisted artificial intelligence to support transition effort.

rwanda skyline

Credit risk tops Rwandan central bank’s priorities

February 22, 2021

The National Bank of Rwanda wants timely and accurate provisioning by lenders to avoid a cliff edge.

Bank of England and rates

UK banks fret over operational risks related to negative interest rates

February 19, 2021

The threat of below zero rates rates continues to hover over the country’s banking system.

nigeria trading

Nigeria’s central bank clamps down on cryptocurrencies

February 18, 2021

CBN’s effort to force financial institutions to close cryptocurrency accounts has sparked angry backlash.

OCC

OCC pauses controversial ‘fair access rule’ pending further scrutiny

February 15, 2021

New US president Joe Biden has frozen implementation of new rules pending a review. 

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