Company News



London Stock Exchange connects EuroCCP to main market

The London Stock Exchange has set out plans to add European Central Counterparty as a third CCP for its main market from March 2015. . .

http://www.bankingtech.com/269031/london-stock-exchange-connects-euroccp-to-main-market/?utm_source=rss&utm_medium=rss&utm_campaign=london-stock-exchange-connects-euroccp-to-main-market



Net Stable Funding Ratio disclosure standards – consultative document

Disclosure requirements for the Net Stable Funding Ratio (NSFR) have been developed to improve the transparency of regulatory funding requirements, reinforce the Principles for Sound Liquidity Risk Management and Supervision, strengthen market discipline, and reduce uncertainty in the markets as the NSFR is implemented. . .

http://www.bis.org/bcbs/publ/d302.htm



Criteria for identifying “simple, transparent and comparable” securitisations: consultative document issued by the Basel Committee and IOSCO

The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) released today a consultative document on Criteria for identifying simple, transparent and comparable securitisations. The framework is available on the websites of the Bank for International Settlements and IOSCO. . .

http://www.bis.org/press/p141211a.htm



FRC review finds bank audits in need of ‘significant improvements’

Profession’s watchdog slams aspects of quality of the financial institutions’ audits from the Big Four and mid-tier firms in 2012-13 audit quality review report . . .

http://www.financialdirector.co.uk/aa/news/2384384/frc-review-finds-bank-audits-in-need-of-significant-improvements



UBS Turns to Artificial Intelligence to Advise Clients

UBS Group AG , facing the threat of competition from Google Inc. and Amazon.com Inc., has turned to a Singapore-based technology company that uses artificial intelligence for help delivering personalized advice to the bank’s wealthy clients.

http://www.bloomberg.com/news/2014-12-07/ubs-turns-to-artificial-intelligence-to-advise-wealthy-clients.html