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The European Commission has adopted nine directly applicable regulatory technical standards (RTS) required by the Capital Requirements Regulation and the CRD IV Directive (together known as CRD IV). ...
The Korea Exchange (KRX) has started to provide a voluntary clearing service for Korea Won (KRW)-denominated interest rate swap (IRS) contracts to meet the G20 mandate on over-the-counter (OTC) deriva...
The U.S. is no Superpower when it comes to card payments: the card hacking headquarters of the world. Don’t count on credit card fraud going away too soon. After all, Americans practically sleep, eat ...
There's something about New York. The place exudes a sense of purpose. Broadway is the perfect place for a show and it seemed a fitting location for the Celent Innovation & Insight event. The them...
A report published earlier this year showed that mobile tradespeople and microbusinesses in the UK are owed a collective £2.5bn in outstanding payments per year. More strikingly, they write off up to ...
I was interested, yet not surprised, to read over the weekend that Britain's banks were told by the Prudential Regulation Authority that they needed to spend billions overhauling IT systems over the ...
Today’s Insurance market is anything but boring for many reasons (to be expounded upon in later posts), but not least because of the arrival in the world of the 3rd Platform of IT which includes the “...
Or is there? Well documented reports have appeared in the Press around the world, regarding the negative impact experienced by banks and other commercial companies, when their reputation is damaged th...
The Australian Treasury Department has released a proposals paper for the mandatory central clearing of interest rate derivatives denominated in USD, EUR, JPY and GBP (G4 currencies). This is the nex...
Part III in a series of blogs around the 2014 Standards Forum events. Standards are often criticized. Painstaking to develop, some might say painful, and adoption can be frustratingly tedious and dra...
(This blog is the second in a series of Core Systems Transformation.) Unlike beauty, which is in the eye of the beholder, large bank CIOs have a much tougher job of making assessments of their techno...
The Regulatory Oversight Committee (ROC) of the global legal entity identifier (LEI) system has published a document setting out the four digit random number prefixes provided to sponsored pre-LOU sol...