Latest on 規制
Isda’s Basel III playbook: speak softly and carry a big QIS
Scott O’Malia on capital reforms, repo markets and tokenised collateral
SEC enforcement actions fall to 20-year low
Fewer filings but higher penalties driven by past actions
EU states take the slow road to new cross-border services ban
Late national transposition hampers foreign banks’ decisions on location of affected activities
Latest
Quotes
Someone who buys US Treasuries as a customer of a dealer shouldn’t be considered a dealer
French Hill, US Congress
We said we would monitor the possible unintended effects of the lower bound precisely for this net interest income supervisory outlier test, because the interest rate environment has changed
Delphine Reymondon, European Banking Authority
The Fed is applying a staggering double-standard that favours incumbent banks over start-up banks, and in doing so, it has created financial system risk by allowing crypto companies through the back door
Nathan Miller, Custodia Bank
Editor's Choice
Ice Clear Credit may face Esma review as euro CDSs migrate to US
Upgrade in systemic status would depend on extent of migration from UK-based Ice Clear Europe
Big Figure
This time is different
The last time interest rates rose this sharply in Europe, there was no internet banking. After more than a decade of ultra-low rates, bankers are uncertain how to model interest rate risk on the banking book to comply with Basel requirements.
Read the full article
Comment
Why central banks shouldn’t ignore stablecoins
Cyber incident reporting: convergence is key
Our Take
Living with SA-CCR, one year on
How did EU regulators miss the FTX horror story?