Regulation
FSB warns gaps remain in resolution frameworks
Issues remain for central counterparties, global banks and insurers, report finds
RBNZ may raise insurance firms’ solvency levels
Governor expects review of insurers will lead to “series of thresholds”
‘PRA robot’ highlights rise in regulatory complexity
BoE’s Sam Woods says linguistic analysis reveals some problems with the wording of regulation
De Cos maps out ‘future path’ for Basel Committee
New chair says four key principles will guide the committee’s approach
FSB calls out ‘uneven’ regulation as vulnerabilities evolve
Board cautions against complacency; Basel Committee says members are still missing deadlines
Brainard attacks Fed plan to soften regulations
Governor warns regulatory cutbacks risk weakening “core safeguards” put in place post-2008
PBoC to rein in financial holding companies
New rules for financial conglomerates designed to contain risks to the real economy
UK financial regulators begin work on ‘air traffic control’
BoE, FCA and others to co-ordinate more closely on regulation
Irish central bank levies record fine on Wells Fargo
Irish subsidiary of US bank fined $6.6 million for “serious failings" in regulatory reporting
ECB needs liquidity powers for bank resolution – Spanish governor
De Cos stresses mechanism must include guarantees to repay public money
‘O-SII’ limits decreased risky lending – ECB paper
Lending to risky borrowers fell without lasting impact on growth rates, researchers say
RBNZ on course for capital ratio hike despite backlash from banks
Big banks say plan is “too large and too costly”
Basel Committee overhauls leverage ratio to tackle ‘window dressing’
New disclosure rules aim to end “unacceptable” quarter-end rush to cut leverage
RBNZ aims to toughen banking oversight
New Zealand central bank wants to play a more “intensive” and “intrusive” supervisory role
Optimal capital may be higher than previously thought – Basel Committee
Study finds net long-term benefits to higher capital levels
Narrow bank TNB hits back at Fed regulatory proposal
Fed overreaching by attempting to rewrite its chartering authority, TNB says
Carstens warns fading regulatory momentum strengthens ‘vested interests’
BIS chief says complacency could set in as regulators move from implementation to evaluation
Regulations lower rates and cause imbalances – BoE paper
Research into repo market highlights some unintended consequences of post-crisis regulations
RBI toughens liquidity rules for non-banks in wake of 2018 stress
Default by IL&FS triggered liquidity problems across financial markets
FSB launches review of ‘too-big-to-fail’ policies
Bundesbank’s Claudia Buch to lead evaluation of post-crisis reform efforts
New Zealand banks attack RBNZ capital proposals
Central bank proposal would almost double banks’ minimum capital requirements
BoE’s Woods sees value in ditching EU-style rulemaking
Detailed legislation behind banking regulations may be unnecessarily restrictive, says PRA chief
Finding the right partners with the right solutions
Over the past decade, the financial crisis, globalisation and technological changes have driven uncertainty and brought about drastic changes for central banks. Vermeg‘s Yamen Bousrih explores the importance of having a consolidated, coherent and…
Fed proposes leverage ratio exemption for custody banks
Latest regulatory easing proposal would see custodians gain exemption for some assets