Oceania & Antarctica

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 recent regulatory developments in the banking space is set out below.   1. CANADA:   Department of Finance: Consultations on the Review of the Canadian Payments Act   Last Friday, the Department of Finance (DoF) launched consultations to seek views on whether 2015 governance changes have been
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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 23 – 30, 2017

…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 Office of the Comptroller of the Currency – Proposed Amendment of the Capital Rule   The Office of the Comptroller
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July 21, 2019

Regulatory Interventions in the Banking Space: The Week of September 18, 2017

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 discussion paper on significant risk transfer in securitization.   The EBA is using the discussion paper to seek stakeholders’ views
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