Despite data challenges, the bank is opting for the IMA to enhance risk management
After nickel-gate, Esma may seek data from more non-EU CCPs
Supervisor concerned lack of granular data on exposures could leave it flat-footed on LME-style risk events
Big banks seek solace in quantum-proof encryption
Barclays, JP Morgan and SocGen act to counter threat from next generation of computing
Banks seek greater clarity from regulators on cloud risk
Regulators are reluctant to specify cloud risks, despite warning of overreliance on three big providers
US watchdogs seek to govern bank AML systems as models
Banks fear prudential agencies’ move could hamper their own ability to fight financial crime
US regulators seek to tighten cyber incident reporting
New federal rule, mindful of Covid, will force firms to report serious incidents within 36 hours
Regulators seek harmony on op resilience rules
Alignment on principles needed “in short order”, says Basel working group chair
Dutch banks seek quantum edge for stress tests
ABN, ING and Rabobank working together; US quantum developer seeks patent for CCAR
Big buy-side firms seek better model risk disclosures
Working group building standardised disclosure doc for managers and vendors
Young Person Need To Seek Wealth Literacy, Not Financial Literacy
Young Person Need To Seek Wealth Literacy, Not Financial Literacy Today there is much talk concerning just how young grownups …