The report concludes that member jurisdictions have made further progress in adopting Basel III standards, despite disruption from the COVID-19 pandemic
Report forms a key element of FSB workstream on non-bank financial intermediation, providing policy toolkit for tackling vulnerabilities in money market funds as part of a programme running until at least 2026
The revised framework aims to improve the safety and efficiency of securities settlement in the EU, highlighting changes from the previous document along with matters awaiting consideration from ESMA or the Commission
Regulatory changes bring greater clarity to netting of derivatives, securities lending and repo positions for financial institutions subject to insolvency proceedings or acquisition
Societe Generale is hit with a US$1.5m fine for inaccurate reporting of swap valuation data and for providing inaccurate daily marks, following fines imposed on Refinitiv and Citi for reporting and oversight failures
ICMA publishes analysis of the key market features and trends in the European repo market including remaining issues with the quality of SFTR public data
US derivatives regulator penalises Refinitiv US SEF LLC for data reporting violations connected with at least 320,000 swap trades, following self-reporting of systems failures
EU securities market regulator takes on new supervisory powers for benchmarks and data service providers and will concentrate on building a single rulebook and promoting its role as an EU capital markets data hub