Risk And Regulation Monthly January 2014
Background
The Risk and Regulation Monthly provides a summary of the key International, European and UK regulatory developments and pertinent regulatory activity affecting the Financial Services industry.
2014 began with an array of announcements. The European Commission published its long-awaited proposal for a Regulation on structural reform of banks in the EU, while the Basel Committee on Banking Supervision (BCBS) published material on its leverage and liquidity frameworks. Outside banking, political agreement was reached on MiFID II, and the Financial Stability Board (FSB) and the International Organisation of Securities Commissions (IOSCO) consulted on a methodology to identify systemically important non-bank non-insurance companies.
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