The Financial Stability Board has published a report on international cooperation and coordination to address the financial stability implications of COVID-19.   The report outlines principles that underpin the official regulatory community’s rapid and coordinated response to support the real economy, maintain financial stability and minimize the risk of market

The Basel Committee and the International Organization of Securities Commissions have deferred the final two implementation phases of the framework for margin requirements for non-centrally cleared derivatives by one year.    Covered entities with an aggregate average notional amount (AANA) of non-centrally cleared derivatives greater than €50 billion will now

The Financial Stability Board (FSB) has published its annual progress report on the implementation of recommendations to reform major interest rate benchmarks.   The report outlines the risks to financial stability from continued reliance on London Interbank Offered Rate (LIBOR) beyond 2021.  It sets out progress on implementing related FSB

The Basel Committee on Banking Supervision (Committee) has published guiding principles to operationalize a sectoral countercyclical capital buffer (SCCyB).    The SCCyB is a tool that can be used to complement the Basel III countercyclical capital buffer.    While a bank’s additional capital requirements following the activation of the CCyB

The Basel Committee on Banking Supervision (Committee) has published a consultative document on revisions to the credit valuation adjustment (CVA) risk framework.   The paper seeks the views of stakeholders on a set of limited adjustments to the CVA risk framework published in December 2017.   The first set of