News/Regulation
UK banking sector faces higher costs after Brexit, report warns
Banks may need to replicate departments in Europe to comply with EU regulations
Mersch criticises Commission over securitisation regulation
Some ‘STS’ provisions reduce transparency and increase complexity, ECB board member says
A regulatory storm hits China
Regulators are imposing a new wave of tighter financial supervision
Securities regulation ‘does not need brand new framework’ – Esma head
Regulators must avoid inconsistency, Maijoor says
EU could go it alone on leverage ratio, says MEP
Swinburne says clearing should be shielded from ratio “if Basel does not deliver”
RBI plans to regulate nascent P2P market
Central bank proposes bringing peer-to-peer lending within its regulatory remit
Romanian central banker warns of risk from ‘unwarranted’ loan law
Romania deputy governor warns of risks posed by legislative initiatives
Cyprus amends anti-money laundering regulation
New directive increases requirements for verification of customers’ identities
Investors to sue Portuguese central bank over asset writedown
Pimco and BlackRock lead bondholders in claiming Bank of Portugal violated law
Basel Committee restricts bank options for internal modelling
Proposals prohibit use of internal models for certain exposures
Basel disclosure proposals add ‘dashboard’ of risk metrics
Proposals aim for simpler and more comparable disclosures
BoE’s Bailey dismisses ideas for radical banking overhaul
PRA chief stands by current design of banking regulation
Mervyn King calls for radical banking reform
Former BoE governor wants to end the 'alchemy' of banking
‘No Basel IV’, Draghi tells European Parliament
“All things being equal”, banks will not face significantly increased capital buffer, ECB president says
Basel Committee completes trading book review
Banks face higher market risk capital charges
BoE moves to close bonus clawback loophole
Proposed rules apply clawback and malus to bonus buyouts
‘Step-in risk’ could become part of Basel framework
Risks could be integrated into Pillar 1 and/or Pillar 2
Bonus cap may impact other pay regulation, research from Bank of England warns
Bonus caps will not deter banks from taking risk, latest quarterly bulletin research suggests
UK payment systems regulator assesses compliance in first annual report
First PSR annual report shows progress is being made
UK banks must raise extra £27bn to meet resolution needs under BoE proposals
Proposals designed to ensure banks will continue to operate under resolution
Banks should do more to meet Basel disclosures, EBA says
Many banks are falling short of CRR disclosure rules
Central Bank of Kenya to reassess supervision following bank collapses
New bank licensing on hold until further notice
UK regulators to reopen flawed HBOS investigation
Report criticises both bank managers and regulators
Banks face higher capital requirement under Basel trading book review
Impact study implies banks will face higher minimum capital requirements