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17 Nov 2020, 6:38 am
It is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. [read post]
Sensitive data such as details of individual calls, traffic data or bank accounts could not have been disclosed using the relevant authentication procedure. [read post]
16 Nov 2020, 8:55 pm by Simon Lovegrove (UK)
But the key principle is that this process must be orderly, and that principle relies on strong prudential standards. [read post]
16 Nov 2020, 8:55 pm by Simon Lovegrove (UK)
The large majority of regulatory and supervisory measures introduced by authorities made use of the flexibility built into existing international standards, though there have been a few instances where individual temporary measures went beyond this flexibility. [read post]
16 Nov 2020, 12:42 pm by Jacob Sapochnick
Failing the New Civics Test An applicant fails the civics test if he or she provides an incorrect answer or fails to respond to 9 out of the 20 questions from the standardized test form. [read post]
16 Nov 2020, 11:09 am by William Ford, Tia Sewell
Burns, president of Carnegie; Andrew Bailey, governor of the Bank of England; Jim Langevin, U.S. representative for Rhode Island; Jeremy Jurgens, managing director and head of the Centre for Cybersecurity at the World Economic Forum; Jen Easterly, global head of the Fusion Resilience Center at Morgan Stanley; Cheri McGuire, nonresident scholar with the Cyber Policy Initiative at Carnegie; Ramy Houssaini, global chief cyber and technology risk officer at BNP Paribas; Boris Ruge, ambassador… [read post]
16 Nov 2020, 3:30 am by Anna Gelpern
This standard view is increasingly at odds with public perceptions of central banks as purveyors of bailouts for the few and peanuts for the rest. [read post]
13 Nov 2020, 8:50 pm by Matthew Gregory (UK)
Regulation 2019/876 introduced Article 36(4) into the CRR, which requires the European Banking Authority (EBA) to develop draft regulatory technical standards specifying the application of the deductions related to software assets from Common Equity Tier 1 items. [read post]
13 Nov 2020, 6:14 am by John Jascob
Engelbert acknowledged the difficulties associated with a lack of standardization and harmonization with respect to climate-related metrics. [read post]
12 Nov 2020, 8:49 pm by Simon Lovegrove (UK)
On 11 November 2020, the Financial Stability Board (FSB) issued a press release confirming the 2020 list of global systemically important banks (G-SIBs). [read post]
These are discussion drafts to promote engagement on the issues and are not recommended nor standard form. [read post]
12 Nov 2020, 12:45 pm by Sam Turco
Lending standards will be tightened and the least qualified borrowers will be denied credit. [read post]
12 Nov 2020, 7:57 am by Kevin Kaufman
As ATMs gained steam, the number of tellers needed for each bank branch fell. [read post]
11 Nov 2020, 4:14 pm by Bona Law PC
Barclays, one of the banks involved, was able to get a reduction in its criminal fine by demonstrating to the Antitrust Division the implementation of significant and demonstrable changes to its compliance program and corporate culture. [read post]
11 Nov 2020, 4:12 pm by INFORRM
Furthermore, such dependence on risk evaluation ignores potential benefits to firms of increased trust and efficiency involved with expanding compliance to adopt a higher data protection compliance standard applied to customers worldwide. [read post]