Regulation: Chile to adopt Basel III

Regulation: Chile to adopt Basel III

Implementation of global standard will lead to higher tier-1 capital levels; banks well capitalized but predictions of sovereign downgrades cloud outlook.

Taiwan's conglomerates need to break free

Taiwan's conglomerates need to break free

The island’s financial sector is struggling to meet the needs of the economy, hampered by over-regulation. As it slowly withers, will lawmakers finally address the need for change?

Taxpayers bail out Italian banks

Taxpayers bail out Italian banks

Just two weeks after Banco Popular’s rescue was hailed as a triumph of Europe’s post-crisis resolution regulation in action, Italian taxpayers are footing the €17 billion bill for the collapse of two long-troubled lenders. Maybe that post-crisis regulation isn’t quite as effective as it is supposed to be.

Third-party providers come under PSD2 scrutiny

Third-party providers come under PSD2 scrutiny

Payment providers looking to capitalize on open banking will have to jump through regulatory hoops to prove they are able to offer the services they claim, under the final set of rules from PSD2.

KYC obstacles hamper Mifid II preparations

KYC obstacles hamper Mifid II preparations

The extended deadline for Mifid II is now only six months away, and along with an increase in the amount and quality of data financial institutions (FIs) have to record, they must also reassess customer relationships.

Spain’s bank rescue could make tier 2 less Popular

Spain’s bank rescue could make tier 2 less Popular

Both AT1 and tier-2 investors lost everything when Banco Santander rescued Banco Popular, while senior bondholders were untouched. The rescue has shown that when banks in Europe get into trouble it is liquidity, not capital, that matters and that the fate of subordinated bondholders is anything but predictable.

Markets brace for the great QE unwind

Markets brace for the great QE unwind

Quantitative easing has been the defining monetary policy innovation of the 21st century. With global economic recovery now seemingly robust, the challenge facing policymakers is to reverse this stimulus. This is likely to be fraught with danger, particularly in Europe.

European regulation: Banks need union for profitability

European regulation: Banks need union for profitability

The drive to integrate the European banking system has taken a back seat as regulators have become concerned at the lack of profitability in the sector. Can banking in the EU be sustainable without union and with so much onerous regulation?

Regulation: Volcker rules don’t apply

Regulation: Volcker rules don’t apply

On April 21, Donald Trump directed his treasury secretary, Steven Mnuchin, to begin the administration’s long anticipated attack on the Orderly Liquidation Authority, created as part of the 2010 Dodd-Frank Act to ensure the smooth management of US banks at risk of failure.

KYC registries becoming useful data utilities

KYC registries becoming useful data utilities

Know your customer (KYC) registries and utilities were created to comply with rising regulatory requirements. However, as a trusted source of counterparty information, they are finding additional uses across business lines.

Regulation: Don’t push me!

Regulation: Don’t push me!

Who’d be a regulator? David Tweedie, who was chairman of the International Accounting Standards Board for a decade right through the global financial crisis, knows more than most about the challenges involved.

Special focus

AT1 capital/CoCo bonds: what you should know

AT1 capital/CoCo bonds: what you should know

Additional tier-1 (AT1) securities and contingent convertible capital instruments, known as CoCo bonds, absorb losses when the capital of the issuing financial institution falls below a supervisor-determined level.

Volcker rule: special focus

Volcker rule: special focus

Probably the single most controversial post-crisis piece of financial regulation, the Volcker rule has been blamed with hampering liquidity and has been criticized as virtually unenforceable.

TLAC: what you should know

TLAC: what you should know

We explain the FSB's total loss-absorbing capacity requirements for global systemically important banks (G-Sibs).