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The Financial Conduct Authority's (FCA) recent Wholesale Data Market Study (MS23/1.5) underscores the pivotal role of wholesale data within the financial markets, highlighting its importance for a my...
The Bank of England (BoE) and HM Treasury published a response to their joint consultation paper on 25 January 2024, setting out their assessment of the case for a retail central bank digital curren...
Subsequent to a joint discussion paper (3/22 – Operational resilience: Critical third parties to the UK financial sector) published in July 2022, the Bank of England (the Bank), Prudential Regulation...
With the Consultation Paper on Technical Standards for the Markets in Crypto Assets Regulation (MiCA), the European Securities and Markets Authority (ESMA) aims to collect views, comments, and opinion...
The Basel Committee on Banking Supervision (BCBS) issued a public consultation on revisions to the Core principles for effective banking supervision ("Core Principles") on 6 July 2023, refle...
The new Payment Services Directive (PSD3) proposed by the European Commission (EC) on 28 June 2023 marks a significant milestone in the evolution of the financial services industry. Designed to addres...
The UNEP FI's Principles for Responsible Banking (PRB) aim to mobilize private finance towards the United Nation's Sustainable Development Goals (SDGs) and the Paris Climate Agreement (PCA) goals to ...
Investment firms have very different business models and risk profiles to credit institutions. They facilitate savings and investment flows by providing professional services such as investment advice...
The recent approval of the Regulation on Markets in Crypto-Assets (MiCA) by the European Parliament marks a significant milestone in the regulation of the crypto-assets industry in Europe and beyond. ...
The Fundamental Review of the Trading Book (FRTB) was introduced into the prudential framework of the EU by Capital Requirements Regulation (CRR 2) as a regulatory reporting requirement in 2020. The f...
The European Banking Authority’s (EBA) final regulatory products with respect to the Investment Firms Directive (IFD) published on 21 July 2022 are expected to harmonise the supervisory practices rega...
The Basel Committee on Banking Supervision's (BCBS) Standardised Approach to Counterparty Credit Risk (SA-CCR) was introduced to improve the risk sensitivity of capital framework for derivatives tran...