Search for: "Prudential Bank " Results 281 - 300 of 1,564
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5 Apr 2022, 8:50 am by Hannah McAslan (UK)
On 4 April 2022, the Financial Conduct Authority (FCA), Bank of England (BoE) and the Prudential Regulation Authority (PRA) published a joint statement on the London Metal Exchange (LME) and LME Clear. [read post]
On 31 March 2022, the PRA published Discussion Paper 1/22 ‘The prudential liquidity framework: Supporting liquid asset usability’ (DP1/22). [read post]
21 Mar 2022, 9:39 am by Simon Lovegrove (UK)
On 18 March 2022, the European Banking Authority (EBA) issued final revised guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing. [read post]
16 Mar 2022, 9:53 am by Simon Lovegrove (UK)
To make minor consequential amendments to the PRA Rulebook as well as a set of relevant UKTS, following the introduction of the Investment Firms Prudential Regime. [read post]
15 Mar 2022, 10:20 am by Simon Lovegrove (UK)
Climate and environmental risks have been one of the ECB’s supervisory priorities for some years now and it has started treating them just like any other prudential risk. [read post]
OFSI has so far issued: A licence for the FCA, FSCS, PRA and the Bank of England (and any other financial services authority) to engage with VTB Bank’s UK subsidiaries until 1 March 2023 for the purposes of their functions in relation to prudential supervision or protecting, maintaining, or enhancing the stability of the UK’s financial system. [read post]
In particular, the draft statutory instrument: Repeals the Banking Act 2009 (Exclusion of Investment Firms of a Specified Description) Order 2014 as it is redundant following the removal of FCA-regulated investment firms from the UK resolution regime. [read post]
22 Feb 2022, 7:50 am by Simon Lovegrove (UK)
On 21 February 2022, the European Banking Authority published updated questionnaires used for the assessment of regulatory and supervisory frameworks of third countries, to reflect certain provisions recently introduced by revised prudential regulation in the EU. [read post]
Crypto Scrutiny “is Imperative” Citing the “rapid introduction of a variety of crypto-asset or digital asset products,” the FDIC is calling for “robust guidance” on the “management of prudential and consumer risks. [read post]
15 Feb 2022, 7:27 am by Simon Lovegrove (UK)
On 14 February 2022, the Financial Conduct Authority (FCA), Bank of England (BoE) Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) published a statement relating to a review of the Memorandum of Understanding (MoU) for payment systems in the UK. [read post]
14 Feb 2022, 4:50 am by Scott A. Coleman
  To the extent such activities can be conducted in a safe and sound manner, the agencies will need to provide robust guidance to the banking industry on the management of prudential and consumer protection risks raised by crypto-asset activities. [read post]
11 Feb 2022, 3:27 am by Simon Lovegrove (UK)
Banks are also being asked to plan to maintain sufficient capital in the view of the expiry of this prudential exemption in March 2022 that currently allows them to exclude central bank exposures from their leverage ratios. [read post]
10 Feb 2022, 10:08 am by Simon Lovegrove (UK)
Key points in the speech include: An open global financial system requires a set of global minimum and consistent prudential standards. [read post]
Therefore, in order to effectively mitigate prudential risks and risks of regulatory arbitrage and to protect the level playing field having regard to banking and other groups already subject to consolidated supervision, the ESAs see a need to consider whether new bespoke consolidation rules should be developed for these new types of MAGs. [read post]
7 Feb 2022, 11:00 pm by Shawn Barnett (ZA)
  Financial Sector Conduct Authority (FSCA) General Notice 3 of 2020 exempts the following persons from the requirements of the Joint Standard probably because these entities are regulated in this regard by their own laws: authorised financial services providers, other than authorised financial service providers that are also eligible financial institutions or managers of collective investment schemes; credit rating agencies; friendly societies; pension fund organisations; financial product… [read post]
1 Feb 2022, 3:12 pm by Sabrina I. Pacifici
To address the “too big to fail” issue, large banks and SIFIs are subject to enhanced prudential regulation (heightened safety and soundness standards) by the Federal Reserve…” [read post]
31 Jan 2022, 2:28 am by Fiona Folkson
The Treasury Select Committee’s report was then followed by a further report in 2018 by the “Cryptoassets Taskforce,” which comprised HM Treasury, the FCA and the Bank of England. [read post]
On 24 January 2022, the European Banking Authority (EBA) published a final report containing draft implementing technical standards (ITS) on prudential disclosures on environmental, social and governance (ESG) risks in accordance with Article 449a of the Capital Requirements Regulation (CRR). [read post]