Featured Product

    IOSCO Updates Peer Reviews on Regulation of MMFs and Securitization

    November 03, 2017

    IOSCO published updated reports on the IOSCO peer review on regulation of money market funds (MMF) and on the implementation of incentive alignment recommendations for securitization. The reports summarize ongoing efforts of IOSCO in monitoring implementation of reforms for MMF and securitization. The reports cover progress of IOSCO members in FSB jurisdictions in adopting legislation, regulation, and other policies in the G20 priority reform areas, which include MMFs and securitization. IOSCO had published reports on the earlier peer reviews in September 2015.

    The MMF report covers valuation practices of MMFs, liquidity management for MMFs, and MMFs that offer a stable Net Asset Value. This report finds that most jurisdictions have implemented the fair-value approach for  valuation of MMF portfolios, but progress in liquidity management is less advanced and less even. The securitization report covers incentive alignment arrangements and disclosure requirements. This report finds that, across participating jurisdictions, the overall progress remains mixed in implementing the recommendations for incentive alignment for securitization. The updated reports also make note of new regulations that are yet to come into force or into application in various jurisdictions, which may contribute toward more complete implementation of the IOSCO recommendations for future implementation monitoring exercises.

     

    Related Links

    Keywords: International, Securities, Peer Review, MMF, Securitization, IOSCO

    Related Articles
    News

    APRA Revises Standard on Margin Rules for Uncleared Derivatives

    APRA revised CPS 226, which is the prudential standard on margin and risk mitigation requirements for non-centrally cleared derivatives.

    September 19, 2019 WebPage Regulatory News
    News

    PRA Issues Consultation on Prudent Person Principle Under Solvency II

    PRA, via the consultation paper CP22/19, has set out its proposed expectations for investment by firms, in accordance with the Prudent Person Principle (PPP).

    September 18, 2019 WebPage Regulatory News
    News

    EIOPA Forms Consultative Expert Group on Digital Ethics in Insurance

    EIOPA established the Consultative Expert Group on Digital Ethics in Insurance to assist EIOPA in the development of digital responsibility principles in insurance.

    September 17, 2019 WebPage Regulatory News
    News

    FDIC Approves Proposal to Amend Swap Margin Rule

    FDIC approved what would be a joint proposal by the US Agencies (FCA, FDIC, FED, FHFA, and OCC) to amend regulations that require swap dealers and security-based swap dealers under the agencies’ respective jurisdictions to exchange margin with their counterparties for swaps that are not centrally cleared (Swap Margin Rule).

    September 17, 2019 WebPage Regulatory News
    News

    FASB Proposes Taxonomy Changes Related to Topics 848 and 470

    FASB proposed taxonomy improvements for the proposed Accounting Standards Update on topic 848 on facilitation of effects of reference rate reform on financial reporting.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Statement on Recalculating Transitional Measures Under Solvency II

    BoE notified that it will be willing to accept applications from firms to recalculate transitional measure on technical provisions (TMTP) as at September 30, 2019.

    September 16, 2019 WebPage Regulatory News
    News

    BIS Hosts Conference to Discuss Issues from Emergence of Stablecoins

    BIS hosted a conference in Basel to discuss policy and regulatory issues posed by the emergence of stablecoin initiatives backed by financial institutions and large technology companies.

    September 16, 2019 WebPage Regulatory News
    News

    BIS Paper on Embedded Supervision of Blockchain-Based Financial Market

    BIS published a working paper that investigates ways to regulate and supervise blockchain-based financial markets.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Paper on Market-Implied Systemic Risk and Shadow Capital Adequacy

    BoE published a working paper that presents a forward-looking approach to measure systemic solvency risk.

    September 13, 2019 WebPage Regulatory News
    News

    HKMA Consults on Policy Module on Pillar 2 Supervisory Review Process

    HKMA is consulting on the revised Supervisory Policy Manual module CA-G-5 that sets out the HKMA approach to conducting the supervisory review process under Pillar 2.

    September 13, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3830