Background
The Risk and Regulation Monthly provides a summary of the key
International, European and UK regulatory developments and
pertinent regulatory activity affecting the Financial Services
industry.
September was notable for a flurry of pre-G20 publications from
international regulators, including the Financial Stability
Board (FSB), the Basel Committee on Banking
Supervision (BCBS), the International Association
of Insurance Supervisors (IAIS), and the
International Organisation of Securities
Commissions (IOSCO), on topics such as insurance
loss absorbency, bank resolution,
risk-weighted-asset consistency, and
non-bank finance. Meanwhile the Prudential
Regulation Authority (PRA) finalised its policy on the
supervision of foreign bank branches in the UK,
and there was no shortage of material on the Single
Supervisory Mechanism.
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Risk And Regulation Monthly – September 2014
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.