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 Releases Minor Changes to Reporting Standards on SA-CCR for Banks

APRA released minor changes to the three reporting standards for the standardized approach for measuring counterparty credit risk exposures (SA-CCR).

May 22, 2019 WebPage Regulatory News
News

APRA Proposes to Amend Guidance on Residential Mortgage Lending

APRA is consulting on revisions to the prudential practice guide APG 223 on residential mortgage lending in Australia.

May 21, 2019 WebPage Regulatory News
News

ESAs Amend Technical Standards on Mapping of ECAIs Under CRR

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).

May 20, 2019 WebPage Regulatory News
News

OCC Consults on Information Collection for Home Mortgage Disclosures

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.

May 20, 2019 WebPage Regulatory News
News

EIOPA Updates Q&A on Regulations in May 2019

EIOPA published additional questions and answers (Q&A) on guidelines, directives, and regulations applicable to insurers in Europe.

May 17, 2019 WebPage Regulatory News
News

FSB Publishes Update on Meeting of RCG for Americas

FSB published a summary of the meeting of its Regional Consultative Group (RCG) in Americas.

May 17, 2019 WebPage Regulatory News
News

ESRB Paper on Impact of Business Model Similarities on Risk Capture

ESRB published a working paper on whether information contagion and business model similarities explain bank credit risk commonalities.

May 17, 2019 WebPage Regulatory News
News

CBM Notifies ESRB and ECB on Imposing Borrower-Based Measures in Malta

CBM notified ESRB and ECB regarding its decision to impose borrower-based measures on lenders in Malta.

May 17, 2019 WebPage Regulatory News
News

IASB Issues Work Plan and Meeting Updates for May 2019

IASB published an updated work plan, along with the update of its meeting in May 2019.

May 17, 2019 WebPage Regulatory News
News

FCA Publishes Its Business Plan for the Coming Year

FCA published its Business Plan, which sets out the main areas of focus and priorities for 2019/20.

May 17, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3103