Seven Months Until Brazil’s IFRS 9 ECL Resolutions Go Live
View Legal Terms Imminent BACEN Credit Losses Resolutions: CMN 4966, BCB 352, and SCR IFRS 9 classification, measurement, and impairment requirements go live in January 2025 Banco Central do Brasil’s (BACEN/BCB) adaptation of the International Accounting Standards Board’s (IASB) International Financial Reporting Standards (IFRS 9) is set to go live in January 2025. Requirements to […]
Regulatory Data Dictionaries – A Must For Transparent Reporting
View Legal Terms Enhancing Colombian Regulatory Reports with Data Dictionaries Start reaping the benefits of clean, reliable data across requirements In the fast-paced world of technology and regulation, reporting is a cornerstone for ensuring transparency into the operations of financial institutions. However, creating and maintaining these reports can be an expensive and resource-intensive undertaking for […]
BIC: Standardizing capital requirements for operational risk
View Legal Terms BIC: The Business-Indicator Component Heard Around The Globe New EBA Framework goes live January 1, 2025The global theme of standardization takes another important step forward as the European Banking Authority (EBA) asks banks to homogenize the way they calculate capital requirements for operational risk and produce more granular quarterly reports. The BIC […]
New granular data requirements comes to Saudi Arabia
View Legal Terms Saudi Central Bank (SAMA) Regulatory Reporting Update and the Road to Vision 2030 Granularity updates went live December 31, 2023 Saudi Arabia has been heavily investing in the Kingdom’s infrastructure, local talent, and entrepreneurs to position itself as a leading fintech hub since 2018, when the Saudi Central Bank, Saudi Arabia Monetary […]
Rule 15c3-3 New Daily Computations Challenge US Broker-Dealers
Download PDF View Legal Terms US SEC Rule 15c3-3 Reserve Computation and Deposit Cadence Shifts to Daily Ramifications Are a Wakeup Call to Broker-DealersExpected to come into force in mid-2024, the proposed changes to the SEC Customer Protection Rule 15c3-3 require 50+ firms to calculate reserve requirements for customer and proprietary accounts of broker-dealers (PAB) […]
Prep Now for Imminent Changes to US Shareholding Disclosures
Download PDF View Legal Terms Significant US Shareholding Disclosure Changes Kick Off in 2024 Amended SEC Schedules 13 D/G and the New Short-Sale Rule 13f-2 May Catch Firms Underprepared An aggressive timeline and unfamiliar territory To comply with the SEC’s significant changes to shareholding disclosures rules for substantial shareholding (SH) and short selling (SS), institutional […]
A Post-Trade Processing Market Transformation Journey
A Post-Trade Processing Market Transformation Journey It is important for firms to consider defragmenting, simplifying, and consolidating especially now when there are so many unknowns dominating the “new norm”’ world we inhabit, and the “departures board” is full of regulatory changes in flight. View Disclaimer and Copyright Complete Form to Download * Required Information Please […]
Connect Capital Markets & Regulatory Solutions – Basel Rules
To cope with Basel-driven complexities, firms increasingly seek consolidated offerings, i.e., vendors combining capital markets risk analytics with regulatory calculation and reporting, cloud-first approaches, and TCO optimization. As originally articulated in our Emerging Themes Risk paper, Adenza uniquely addresses these strategic objectives by permitting an uninterrupted audit chain and data lineage from front-office trades at […]
Basel III Endgame: A Market, Credit, & CVA Risk Analytics POV
The US Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (US Fed), and the Office of the Comptroller of the Currency (OCC) jointly issued the long-expected notice of proposed rulemaking (NPR) that will revise the measurement of risk-weighted assets (RWA) and the definition of regulatory capital applicable to large […]
BSP to deploy its International Transaction Reporting System
Download PDF View Legal Terms BSP to deploy an International Transaction Reporting System (ITRS) Central Bank initiative for prudential supervision and monitoring of all FX transactions for regulated banks in the Philippines. The Bangko Sentral ng Pilipinas (BSP) is in the process of transforming all data collection in XML and API formats as the first […]
Large credit institutions prepare for XBRL Pillar 3 reporting
Download PDF View Legal Terms XBRL Reporting for ESG Pillar 3 Disclosures Regulators around the world move to machine-readable disclosure formatsThe environmental, social, and governance (ESG) trend takes another step, this time not to another region but instead to augment the current ESG Pillar 3 regulation with the eXtensible Business Reporting Language (XBRL) disclosure requirement. […]
EBA released Final Draft for Initial Margin Model Validation
View Legal Terms New EBA Initial Margin Model Validation The EBA has published the Final Draft of Regulatory Technical Standards for Initial Margin Model Validation As a complement to the standard ISDA SIMM harmonization used by all market participants to calculate the IM, the approval of models is now coming into picture “to ensure initial […]