OneSumX for Basel covers standardised and advanced approaches across all risk types and bank sizes, and allows users to manage the reporting process from start to end
The software enables oversight of a firm’s compliance, team, training and business operations, providing a framework and a central place to collaborate on all regulatory and operational matters
The UK Prudential Regulation Authority (PRA) has pushed back the implementation date for the final phase of Basel III reforms in the UK by six months to 1 July 2025
AFME has outlined member concerns around the EU Retail Investment Strategy proposals, responding to the EU Commission’s ‘Have your say’ consultation on the matter
The consultation package provides a framework to guide the activities of service providers under the Regulation on Markets in Cryptoassets (MiCA), which entered into force in the European Union on 29 June 2023
The framework follows feedback from MAS’ October 2022 public consultation on the topic, and aims to ensure a high degree of value stability for stablecoins regulated in Singapore
The draft amendments have been put forward to support the ongoing reporting of securities financing transactions under the post-Brexit UK version of SFTR
As part of its responsibility to preserve financial stability, the Bank of England has proposed additional powers to restrict discretionary payments to CCP shareholders or employees in severe circumstances, including dividends and share buy-backs
The UK financial regulator will extend temporary measures introduced in January 2022 relating to short sales reporting under UK RTS 22 and there will be no penalty for firms that fail to complete SFT fields and other indicators
The UK regulator will extend access to the scheme to a wider range of start-ups and will allow data providers to list their data on the platform, extending access to over 200 synthetic, public or anonymised data sets