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
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
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
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
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
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
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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