Assurance for Delivery

Author name: fiserconsulting

Nine of world’s biggest banks join to form blockchain partnership

Nine of the world’s leading banks announced on September 15th, 2015 the formation of a partnership to design and deliver advanced distributed/shared ledger technologies to global financial markets. The project – in addition to developing commercial applications – will seek to establish consistent standards and protocols for this emerging technology across the financial industry in order to facilitate broader

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ESMA consults on MIFID II standards regarding trading suspensions, data service providers and derivatives reporting

The European Securities and Markets Authority (ESMA) has published on August 31st, 2015 a consultation paper (CP) on the remaining draft implementing technical standards (ITS) under MiFID II on which ESMA has not yet consulted. This CP covers the following: (1) the suspension and removal of financial instruments from trading on a trading venue, (2) the

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Review of the Credit Valuation Adjustment (CVA) risk framework – consultative document

A Review of the Credit Valuation Adjustment Risk Framework is being undertaken by the Basel Committee. The objectives of the review are to (i) ensure that all important drivers of credit valuation adjustment (CVA) risk and CVA hedges are covered in the Basel regulatory capital standard; (ii) align the capital standard with the fair value measurement

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Basel Committee consults on interest rate risk in the banking book

The Basel Committee on Banking Supervision has issued in June 2105 a consultative document on the risk management, capital treatment and supervision of interest rate risk in the banking book (IRRBB). This consultative document expands upon and is intended to ultimately replace the Basel Committee’s 2004 Principles for the management and supervision of interest rate

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EBA publishes results of the Basel III monitoring exercise

The European Banking Authority (EBA) published today its eight report of the Basel III monitoring exercise on the European banking system. This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at a global level, allows the gathering of aggregate results on capital ratios and leverage ratio (LR), as well

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