Focus Insight
European Parliament adopts the Taxonomy Regulation
Another milestone on the EU's path to achieving the goal of a climate neutral union was reached on 18 June 2020, as the EU Parliament adopted new…
29 June 2020
Volcker Rule 2.0 — impact of final rule on CLOs
On June 25, 2020, the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the U.S…
29 June 2020
Consumer lending and risk diversification: the potential market for credit securitization and credit derivatives in Nigeria
Nigeria is inadvertently developing a tradeable underlying asset in credit obligations. The Central Bank of Nigeria’s (CBN) drive to push bank loans…
23 June 2020
Key lessons learned as UK’s AML regulator shows its teeth
Only four months after the the United Kingdom’s Office of Financial Sanctions Implementation (OFSI) issued a £20.47 million penalty against Standard…
23 June 2020
Estonia’s cryptocurrency crackdown
Syedur Rahman of Rahman Ravelli outlines the Estonian authorities’ tougher new approach to cryptoassets. Estonia has cancelled 500 cryptocurrency…
23 June 2020
A framework for synthetic STS securitisation - A snapshot of recent developments
In May 2020, the European Banking Authority (EBA) published its long-awaited report (EBA/OP/2020/07) (EBA/OP/2020/07) on the feasibility of extending…
23 June 2020
The OCC’S ANPR on Digital Banking: Is this a Harbinger for Digital and Open Banking in the US?
The office of the Comptroller of the Currency (OCC) issued an Advance Notice of Proposed Rulemaking (ANPR) on June 3, 2020, focusing on digital…
19 June 2020
European Banking Authority Announces 10-Point Action Plan on Cum-Ex/Cum-Cum
On 12 May 2020, in response to the so-called Cum-Ex Files, the EBA published its report on competent authorities' approaches to market integrity risks…
18 June 2020
Back to the Future for the OCC Under New Acting Comptroller Brian Brooks
Less than one month ago, Brian Brooks assumed the position of Acting Comptroller of the Office of the Comptroller of the Currency (OCC). Upon taking…
18 June 2020
European Parliament Calls for New EU Common Framework for Cryptoassets
An ECON draft report on digital finance recommends legislative action in relation to cryptoassets and cyber resilience and a framework for digital…
17 June 2020
Get unlimited access to all Global Banking Regulation Review content