President Trump has escalated the trade war with China, and nearly everyone has been wrong-footed by the move.
ESAs published a second amendment to the implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk under the Capital Requirements Regulation (CRR).
OCC is soliciting comment on the revision of the information collection titled “Regulation C—Home Mortgage Disclosure.” OCC also notes that it has sent the collection to OMB for review.
EIOPA published additional questions and answers (Q&A) on guidelines, directives, and regulations applicable to insurers in Europe.
FSB published a summary of the meeting of its Regional Consultative Group (RCG) in Americas.
IASB published an updated work plan, along with the update of its meeting in May 2019.
FCA published its Business Plan, which sets out the main areas of focus and priorities for 2019/20.
CFTC proposed amendments to certain regulations applicable to registered derivatives clearing organizations (DCOs) under Part 30 of the CFTC regulations.
APRA granted Societe Generale a license to operate as a foreign authorized deposit-taking institution under the Banking Act of 1959.
Moody's Analytics is named a Category Leader in this report that assesses 10 leading vendors of model validation solutions and is recognized for offering best-in-class capabilities in all seven categories, including data, input, model analytics/pricing, and suitability.
According to the Federal Reserve's “Financial Stability Report” of May 2019, not only has the outstanding debt of nonfinancial businesses outpaced nominal GDP during the past 10 years (or since 2008), but the growth of debt has been skewed toward riskier firms.
EBA is working to finalize the impact assessment on implementation of Basel III standards, in response to the EC call for advice, which was received on May 04, 2018.
ISDA published two consultations on benchmark fallbacks, the comment periods for which expire on July 12, 2019.
Starting in 2020, the Current Expected Credit Loss (CECL) accounting standard will require financial institutions to reserve for estimated lifetime losses on loans and leases as soon as they are originated. This presentation will provide analytical insight and practical recommendations to help lenders strategize and effectively prepare for the new rule.
Sam Woods, Deputy Governor for Prudential Regulation and Chief Executive Officer of PRA, spoke at the UBS Financial Institutions Conference in Lausanne.
FED published a report that summarizes banking conditions and the supervisory and regulatory activities of FED, in conjunction with semiannual testimony before Congress by the Vice Chairman for Supervision.
US Agencies (OCC, FED, and FDIC) proposed a regulatory framework for foreign banks operating in the U.S. that would more closely match the rules for foreign banks with the risks they pose to the U.S. financial system.
The gradual disinflation in Canada's housing market continues at a steady pace.
ECB published a consultation, which was launched by the working group on euro risk-free rates, on recommendations to address the legal implications for new and legacy contracts referencing the euro overnight index average (EONIA), as a result of the proposed transition from EONIA to the euro short-term rate (€STR).
FASB issued an Accounting Standards Update 2019-05 (on Topic 326) that eases transition to the credit losses standard by providing the option to measure certain types of assets at fair value.
ESRB published a working paper on bank capital forbearance.
From an accounting standpoint, the changes in how to account for credit-loss reserves within the banking, insurance, and lending industries stemming from the Financial Accounting Standards Board's (FASB) current expected credit losses (CECL) guidance are significant.
Join the housing experts and authors of the RPS – Moody's Analytics Housing Outlook, the most comprehensive and authoritative Canadian house price forecast solution available, as they provide their insights and report their findings as we enter the spring real estate market.
Listen to the housing experts and authors of the RPS – Moody's Analytics Housing Outlook, the most comprehensive and authoritative Canadian house price forecast solution available, as they provide their insights and report their findings as we enter the spring real estate market.
European Council adopted a regulation improving the existing regulatory framework applicable to the market for over-the-counter (OTC) derivatives.
European Council adopted a comprehensive legislative package that will reduce risks in the banking sector and further reinforce banks' ability to withstand potential shocks.
While speaking at the 2019 Prudential Regulation Seminar of Association for British Insurer, David Rule of BoE discussed insurance models and the growing importance of model risk management.
IASB published a summary of the meeting of Accounting Standards Advisory Forum (ASAF), along with the meeting papers and recordings.
IMF published its staff report and selected issues report under the 2019 Article IV consultation with Korea.
New escalation of the U.S.-China trade war makes a number of scenarios possible, including one in which the global economy suffers recession later this year.