Banking Regulations

Discussion around current trends in regulations for banks globally

Brendan Jones COO at Konsentus Ltd

EU Open Banking is not just for banks

Or maybe the headline should really read EU PSD2, open access APIs are not just for banks and the first thing we all need to be clear on is that UK open banking, that has been launched with the CAM9, is not the same as PSD2 open access APIs. So who does PSD2 open access APIs apply to? Well PSD2 uses the term ‘Transactional Account’ and in the UK t...

12 March 2018 /payments

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

Conduct Risk is now an epidemic and is appearing in far too many places. It is time to deal with it.

In its simplest form, conduct risk is when an organisation’s stakeholder’s behaviour leads to unwanted behaviour or crimes, either detected or not, and detrimentally damages an organisation’s or sector’s reputation, negatively impacting market stability and potentially damaging innocent individuals. Stakeholders include employees, customers, suppl...

18 February 2018 /regulation

Retired Member 

TRIMing the RWA’s

Ensuring comparability among Banks is coming out as a key theme from the BIS (Banks for international settlement) .Many new proposed guidelines on Pillar III Disclosures, Standardized approach for credit risk etc. are focusing on bringing about changes in methodologies, calculations and reporting disclosures to achieve the comparability goal. Th

17 February 2018 /regulation

Vaibhav Grover Head-Global BFS Offerings & Capability at Sutherland

Responsible Lending Guidelines- Threat or Opportunity for Banks?

What is 'responsible lending' all about? In Australia, Australian Securities and Investments Commission (ASIC) has issued regulatory guidelines that makes it mandatory for the lenders to assess and make sure that a credit facility extended to a customer is 'not unsuitable' for them and customer is able to 'service' the credit extended by the lende...

07 February 2018 /regulation /retail

Prasenjit Das Senior Director at Virtusa

Internal Models of Banks - Making them more 'Comparable and Credible'

It can be said with reasonable authority about the contemporary global banking system that investors in bank securities and counterparties to banks’ derivatives conduct their transactions on TRUST and not on trustworthy ratios that can help them assess banks’ true credit quality. As we draw parlance to Greece , since the Global Financial Crisis of...

07 March 2015 /regulation