Three out of eight high street banks found to be lacking financial strength in Bank of England tests . . .
The London Stock Exchange has set out plans to add European Central Counterparty as a third CCP for its main market from March 2015. . .
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. . .
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. . .
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 . . .