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When Tim Berners Lee invented the World Wide Web, I doubt he could have envisaged the multitude of uses for the HTTP protocol and the business transformation it would cause. The disruption to existi...
Emerging trends-Impact on banks & what they are doing Currently, the main focus across banks is on innovative use of technology and in the below three streams: 1. Products, services and markets ...
The Australian Securities and Investments Commission (ASIC) has a new OTC derivatives reform webpage which contains full details of the regime. The new package of rules and guidance includes: the
From September 2013, the starter’s pistol will fire and banks will be required to speed through customer bank account switching within seven days. This is in line with the Vickers report’s recommendat...
Regulation is going to be one of the key themes at Sibos 2013. And this is not surprising, given the tsunami of new regulatory requirements that financial organisations will be inundated with over the...
Australia strengthens financial requirements for custodians The Australian Securities and Investments Commission (ASIC) has published an updated Regulatory Guide 166 "Licensing: Financial require...
US Federal Reserve Board - new final rule on Basel III capital requirements The Board of Governors of the Federal Reserve System has approved a final rule that revises the risk-based and leverage capi...
Bitcoin is rapidly emerging from the primeval swamp land of crypto anarchists to be of significant interest and potential impact to the established payments industry. Now well beyond its nascent sta...
BCBS consults on the treatment of derivative transactions under the capital adequacy framework The Basel Committee on Banking Supervision (BCBS) has published two consultative documents: The non-inte...
Handelsbanken was put on FND credit watch earlier this month, which was a rare piece of bad news for the organisation. In fact, the Swedish retail bank has been as close to an unqualified success in r...
Trust is one of the most valuable assets you and your business possess. Trust permits the free exchange of information and promotes an atmosphere of openness. As you build trust, with clients, with em...
EBA consults on draft technical standards on closely correlated currencies and on appropriately diversified indices under the CRD The European Banking Authority (EBA) has published two consultation pa...