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Category: Government

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Basel Committee Strengthens Counterparty Credit Risk Management with New Guidelines
  • Government

Basel Committee Strengthens Counterparty Credit Risk Management with New Guidelines

  • May 2, 2024
  • 0

The Basel Committee on Banking Supervision (BCBS) has published a consultation document outlining new guidelines for counterparty credit risk (CCR) management.  These proposed guidelines aim […]

G7 Strengthens Financial Sector Resilience with Cross-Border Cyber Exercise
  • Government
  • News

G7 Strengthens Financial Sector Resilience with Cross-Border Cyber Exercise

  • May 2, 2024
  • 0

The G7 Cyber Expert Group (CEG) successfully completed a cross-border coordination exercise on April 17th, 2024, simulating a large-scale cyberattack on financial institutions across all […]

Central Banks Join Forces to Explore Blockchain-Based Payments System: Project Agorá
  • Government
  • News

Central Banks Join Forces to Explore Blockchain-Based Payments System: Project Agorá

  • April 5, 2024
  • 0

The Bank for International Settlements (BIS), along with central banks from seven major economies, announced a groundbreaking initiative called Project Agorá. This project aims to […]

ECB and EBA Spearhead Efforts for Efficient Banking Industry Data Reporting
  • Government
  • News

ECB and EBA Spearhead Efforts for Efficient Banking Industry Data Reporting

  • March 21, 2024
  • 0

In a landmark move towards enhancing efficiency and reducing costs in the banking industry, the European Central Bank (ECB) and the European Banking Authority (EBA) […]

FM urges RBI to hold monthly meetings to address fintech sector’s concerns
  • Government
  • News

FM urges RBI to hold monthly meetings to address fintech sector’s concerns

  • February 27, 2024
  • 0

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired a strategic meeting with leaders from the startup and fintech communities in New Delhi. The […]

EU Adopts Instant Payments Regulation to Expedite Fund Transfers
  • Government
  • News

EU Adopts Instant Payments Regulation to Expedite Fund Transfers

  • February 13, 2024
  • 0

The European Union (EU) has enacted new regulations to ensure swift fund transfers to the bank accounts of retail clients and businesses across its member […]

UPI and RuPay Expand Reach: India Strengthens Digital Ties with Sri Lanka and Mauritius
  • Fintech
  • Government
  • News

UPI and RuPay Expand Reach: India Strengthens Digital Ties with Sri Lanka and Mauritius

  • February 12, 2024
  • 0

In a historic move for South Asian connectivity, the Unified Payment Interface (UPI), India’s popular digital payment system, was launched in both Sri Lanka and […]

RBI Expands Use Cases for CBDC, Introduces Offline Functionality
  • Government
  • News

RBI Expands Use Cases for CBDC, Introduces Offline Functionality

  • February 9, 2024
  • 0

In a significant move aimed at enhancing financial inclusion, the Reserve Bank of India (RBI) Governor, Shaktikanta Das, announced the expansion of the Central Bank […]

OSFI Introduces New Supervisory Framework to Modernize Financial Supervision
  • Government
  • News

OSFI Introduces New Supervisory Framework to Modernize Financial Supervision

  • February 9, 2024
  • 0

The Office of the Superintendent of Financial Institutions (OSFI) unveiled its new framework for supervision today, signaling a significant overhaul in its approach to overseeing […]

December 2023 SESFOD Survey: Credit and Market Trends
  • Government
  • News

December 2023 SESFOD Survey: Credit and Market Trends

  • February 5, 2024
  • 0

The European Central Bank (ECB) released the findings of the December 2023 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives […]

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Banking

  • CRR3: EBA Advances Risk and Reporting Standards Across the EU

    The European Banking Authority (EBA) has made significant strides in rolling out the next phase of CRR3 (Capital Requirements Regulation III), setting the stage for […]

  • U.S. Bank and Fiserv Partner to Advance Credit Card Solutions for Financial Institutions

    In a strategic move aimed at enhancing digital credit card offerings, U.S. Bank and Fiserv have announced a partnership to integrate Elan Financial Services, U.S. […]

  • TD Bank Launches TD AI Prism – A Groundbreaking Predictive Foundation Model to Transform Customer Personalization

    In a major stride toward AI-powered banking, TD Bank Group has unveiled TD AI Prism, an internally developed predictive AI foundation model designed to revolutionize […]

  • Deutsche Bank Appoints Stefan Schaffer as CEO of Deutsche India GCC

    Deutsche Bank has appointed Stefan Schaffer as the new Chief Executive Officer (CEO) of Deutsche India, its Global Capability Centre (GCC), signaling a continued strategic […]

  • U.S. Bank Global Fund Services Taps Fenergo to Drive Digital Investor Onboarding

    U.S. Bank Global Fund Services (GFS) has selected Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions, to digitize and streamline its investor onboarding […]

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