ESMA is concerned that brokerage firms are creating networks to avoid the obligation that internal matching systems be authorized as trading venues
The largest population of high-earning bankers was in the U.K. as British bankers account for more than 80% of the top earners, the EBA reports
There’s no need to recommend an extension of the phasing-in period for the new LCR requirements, report says
European policymakers seek to set new prudential requirements for investment firms.
The impact of changes in U.S. economic policies remains highly uncertain
The banks are facing increasing competition from digitally savvy upstarts
Policymakers call for simpler cost disclosure
The new regulatory framework aims to clarify the behaviours and standards expected of benchmark administrators and contributors
IFRS 9 introduces a new impairment model based on expected credit losses, and introduces new requirements on the classification of financial assets
Discussion paper sets out three alternatives