Liquidity Risk

Industry Endorses Intraday Liquidity Reporting Guidelines

10/10/2015

SWIFT has announced that the Payments Market Practice Group has endorsed the use of its messages for intraday liquidity reporting as required by the Basel Committee on Banking Supervision.

Payments & Settlements

China Launches New Interbank Payment System

10/10/2015

The People’s Bank of China has launched the China International Payment System, a cross-border interbank payment system to facilitate yuan clearing transactions.

Clearing & Post-Trade

SEBI Directs Exchanges & Clearing Corps to Boost Capacity

10/10/2015

Stock exchanges and clearing corporations directed to increase their installed capacity for trading, clearing and settlement.

Emerging Prudential Risks

IOSCO Board Meets to Discuss Key Priority Areas

09/10/2015

The Board of the International Organization of Securities Commissions met in Toronto to reinforce IOSCO’s position as the key global reference point for financial services and markets regulation.

KYC & CDD

Institutional Banks Struggle with Cross-Border Compliance and Entity Data Management

08/10/2015

New research by Fenergo and Aite Group has found that institutional banks are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions.

Market Abuse

ASIC Reports on Market Integrity Achievements

07/10/2015

Report highlights continued investment in technology as a main factor helping it to identify complex crimes and patterns of behaviour.

Clearing & Post-Trade

Vietnam to Shorten Securities Settlement to T+2

07/10/2015

Vietnam’s State Securities Commission has directed the Vietnam Securities Depository to shorten settlement time for transactions from the current three days to two.

KYC & CDD

CPMI Consults on Correspondent Banking Recommendations

07/10/2015

Consultative report on correspondent banking to include reviewing KYC utilities, use of LEI and information sharing.

Liquidity Risk

APRA Grants $245Bn Liquidity Facility to Aussie Banks

07/10/2015

The Australian Prudential Regulation Authority has released aggregate results on the secured Committed Liquidity Facility that financial institutions have established with the Reserve Bank of Australia.