Dubai FSA updated several modules of its Rulebook and Sourcebook for financial institutions. The updated modules of the Dubai FSA Rulebook are Prudential — Investment, Insurance Intermediation, and Banking Module (PIB); Conduct of Business Module (COB); Fees (FER); General (GEN); Glossary (GLO); and Markets Rules (MKT) modules. In addition, the updates to the Dubai FSA Sourcebook include the Application Forms and Notices Module.
Keywords: Middle East and Africa, United Arab Emirates, Banking, Insurance, Securities, Rulebook, Sourcebook, Dubai FSA
FSB published the annual report that examines to-date progress toward implementation of climate-related disclosure recommendations of the industry-led Task Force on Climate-related Financial Disclosures (TCFD).
APRA is consulting on the reporting standard for credit risk management (ARS 220.0).
PRA launched a consultation (CP18/20) setting out proposals for the "Contractual Recognition of Bail-in" and "Stay in Resolution" Rules.
FASB is consulting on the XBRL US Data Quality Committee (DQC) Rules Taxonomy (DQCRT) along with two technical guides.
EC published draft of a delegated regulation amending liquidity coverage rules for covered bond issuers.
ESMA published an update to its March 2019 statement on the endorsement of credit ratings from UK.
PRA published Version 2 of the questions and answers (Q&A) on the Branch Return form.
FCA and PRA in the UK, FED in the US, and the authorities in Singapore have fined Goldman Sachs for risk management failures in connection with the 1Malaysia Development Berhad (1MDB).
ISDA launched the IBOR Fallbacks Supplement and the IBOR Fallbacks Protocol, with both becoming effective on January 25, 2021.
BCBS announced that OSFI and the Bank of Canada hosted the 21st International Conference of Banking Supervisors (ICBS) virtually on October 19-22, 2020.