Topic: Wholesale banking

“It’s a little bit of a journey”: the road to climate transition

Panellists from two of the US’ largest regulators discussed the challenges of a US$150 trillion climate transition with representatives of the US Treasury and Goldman Sachs at the Bank Policy Institute-The Clearing House’s annual conference in New York.

15 September 2022

OCC’s Hsu calls for bank merger policy reform

The United States’ Office of the Comptroller of the Currency will review its approach to bank mergers, its acting head has said, giving his ideas on what such a review may look like after President Joe Biden’s order to regulators to prioritise a bank merger policy change.

11 May 2022

Pérez Alati advising UBS on Argentine investment banking venture

UBS’s Brazilian joint venture will provide investment banking services in Argentina under a new agreement with a local bank, its first such deal since it was set up in October.

25 February 2021

FCA to reach beyond remit in “holistic” authorisation process for non-UK firms

The UK’s Financial Conduct Authority has told foreign financial institutions it will monitor all their activities, including those that fall outside its remit and non-UK-based business, before granting them a licence to operate in the country.

04 February 2021

EBA ushers in MREL and TLAC quarterly reporting with new standards

The European Banking Authority has released its final report on disclosure and reporting of the minimum requirement for own funds and eligible liabilities (MREL) and the total loss absorbency requirement (TLAC), marking the first time the regulator has developed rules for these areas.

07 August 2020

Vinge advising as Swedish benchmark transfers to independent administrator

Sweden’s banks have handed over control of the Stibor benchmark to a New Zealand-based independent administrator, as the benchmark prepares to become fee liable next month.

21 April 2020

Covid-19: Dividends halted till October, Basel IV implementation delayed by a year

The Basel Committee has pushed back its deadline for implementation of the so-called ‘Basel IV’ standards by a year to allow banks to concentrate on mitigating the Covid-19 crisis, as EU and UK regulators request banks to hold off paying out shareholder dividends until October.

01 April 2020

The rainy day is here: regulators delay reforms and dial down capital buffers amid Covid-19

Regulators around the world are delaying long-planned reforms, cancelling stress tests and reducing or eliminating capital buffer requirements as financial institutions grapple with the economic impact of the Covid-19 outbreak.

20 March 2020

Australia’s ASIC introduces new licensing regime for foreign banks

The Australian Securities and Investments Commission (ASIC) will introduce a new licensing regime for foreign financial services providers as part of a new regulatory framework, despite opposition from stakeholders.

13 March 2020

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