Principles-based approach to regulation places greater stock in the judgment and risk management efforts of banks, says Rudin
Report identifies four key areas for banks to consider
Proposals designed to remove certain impediments to possible cross-border resolution
Weak profitability will likely continue over the next 12 to 18 months
Rating agency expects further conduct costs in numerous investigations
Joint Forum report details the results of a recent survey of regulators
OCC issues new guidelines
Banking authorities around the world are still working to introduce new bank resolution measures
Banks face pressure to simplify businesses in wake of regulators’ “living wills” rejection, says rating agency
Rating agency says new framework will be credit positive to depositors and senior debtholders