The Financial Stability Board has published updated regulatory framework for haircuts on certain non-centrally cleared securities financing transactions (SFTs).    The framework aims to address financial stability risks associated with SFTs.    The framework outlines numerical haircut floors applicable to non-bank-to-non-bank SFTs.   Photo Credit: Pixabay

The Financial Stability Board (FSB) has published the 2019 list of global systemically important banks (G-SIBs).   The FSB added Toronto Dominion Bank (TD) to the list of G-SIBs, making the overall number of G-SIBs increase from 29 to 30.   TD’s regulator, the Office of the Superintendent of Financial

The Basel Committee on Banking Supervision (Basel Committee) has published its Report on open banking and application programming interfaces (APIs).    The report monitors the evolving trend of open banking observed in Basel Committee member jurisdictions and the use of APIs.   It discusses the implications of these developments on

The Basel Committee on Banking Supervision has published two consultative documents related to Pillar 3 disclosure.    The first document proposes a set of revised disclosure requirements related to the market risk framework finalized in January 2019.    The second document consults on voluntary disclosure templates related to banks’ sovereign

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Europe met recently to discuss substantial issues on global and regional financial vulnerabilities.    Vulnerabilities x-rayed include incessant search for better yield and continued pressures on the profitability of European banks.   During the meeting, the RCG members discussed interest