Firms should prepare for PRA Rulebook migration, revised overseas recognition mechanics, and operational updates to policies, systems, and reporting.
Basel 3.1
Banking lobby groups in the US and the UK have been calling for relaxation of rules around bank leverage. But the UK's top banking regulator says current circumstances are too volatile for any risky change.
The BoE says it wants to see what happens to the regulation in the US, with uncertainty over President Donald Trump's deregulation agenda.
The FCA’s conference, held in London on October 8, attracted speakers from the regulatory ecosystem and the banking and investment community.
The US Federal Reserve and the UK’s PRA row back on last year’s forceful proposals for substantial capital reserve increases.
Banks need to identify common requirements to put in place the model risk management principles.