Africa

July 21, 2019

Financial Institutions Regulation: Major Developments This Week

…regulatory developments across the globe this week that may be of interest.   REGULATORY CHANGES   1. Switzerland: Pillar 3 Disclosure Requirements – Regulatory Treatment of Accounting Provisions   The Basel Committee on Banking Supervision released a technical amendment on additional Pillar 3 disclosure requirements for jurisdictions implementing an expected
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July 21, 2019

Banks and Financial Institutions Regulation

This review captures recent regulatory developments in the banking space.   1. CANADA:   i) Department of Finance: Regulations Amending Certain Regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, 2018   The Department of Finance published draft amendments to regulations under the Proceeds of Crime
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July 21, 2019

Banks and Financial Institutions Regulation

A snapshot of regulatory interventions in the banking space from around the world.   1. CANADA:   Financial Transactions and Reports Analysis Centre of Canada: FAQs on Politically Exposed Persons in Canada and Heads of International Organizations   The Financial Transactions and Reports Analysis Centre of Canada issued FAQs on
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July 21, 2019

Banking Regulation: The Week of April 23, 2018

This review highlights regulatory interventions by supervisory authorities from around the world.   1. UNITED STATES:   i) The Bureau of Consumer Financial Protection – ‘Know Before You Owe’ Mortgage Disclosure Rule   The Bureau of Consumer Financial Protection finalized amendment to its “Know Before You Owe” Mortgage Disclosure Rule.
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July 21, 2019

Regulatory Interventions in the Banking Space: October 17 – 23, 2017

…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 Office of the Comptroller of the Currency – Liquidity Coverage Ratio: Frequently Asked Questions   The Federal Deposit Insurance Corporation,
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