…a compilation of most recent banking regulatory developments from around the world. October 30, 2017: 1. United States: Federal Deposit Insurance Corporation, the Federal Reserve System, and the
…a compilation of most recent banking regulatory developments from around the world. October 23, 2017: 1. United States: Federal Deposit Insurance Corporation, the Federal Reserve System, and the
The Bank of Mauritius (Bank) has published a draft Guide for the issue of sustainable bonds (Guide). According to the regulator, the draft Guide constitutes the first step towards
September 19, 2017: 1. United Kingdom: European Banking Authority – Consultation on significant risk transfer in securitization The European Banking Authority (EBA) launched a public consultation on its
Earlier today, Ben Gully, Assistant Superintendent (Regulation Sector) OSFI spoke to the work the prudential regulator is doing to create the basis for sound prudential decisions on climate-related risks.
FINTRAC has updated its guidance on politically exposed persons and heads of international organizations, ongoing monitoring and business relationships. Further details are available here. Photo Credit: Pixabay North America
The Islamic Development Bank and the International Islamic Trade Finance Corporation have signed an agency agreement to facilitate the implementation of COVID-19 Restore Program. The program will be implemented through provision of trade finance and line of finance operations in member countries. The agreement also aims to furtherAsia & South America
The Bank of Canada (Bank) is researching potential system designs and business models for a digital currency. In 2020, the Bank engaged three independent project teams to conduct exploratory design work. All three design proposals, coming from the University of Calgary, McGill University, and the University of Toronto andNorth America
The National Bank of North Macedonia has published answers to the most frequently asked questions on crypto assets. The details are available here. Photo Credit: Pixabay Europe
The Office of the Comptroller of the Currency (OCC) has issued a bulletin that provides a self-assessment tool for banks to evaluate their preparedness for the expected cessation of the London InterBank Offered Rate (LIBOR). The OCC indicates the tool can be used to assess the appropriateness of aNorth America