BIS press release on the presentation of the Annual Economic Report 2020, 30 June 2020. "Central banks a stabilising force in response to unprecedented crisis – BIS" Article source: https://www.bis.org/press/p200630.htm
Month: June 2020
BIS Innovation Hub to expand to new locations in Europe and North America
BIS press release "BIS Innovation Hub to expand to new locations in Europe and North America", 30 June 2020. Article source: https://www.bis.org/press/p200630a.htm
IOSCO publishes Good Practices on processes for deference
IOSCO/MR/19/2020 Madrid, 26 June 2020 The Board of the International Organization of Securities Commissions (IOSCO) today published a series of eleven good practices on processes for deference to assist regulatory authorities in mitigating the risk of unintended, regulatory-driven market fragmentation and to strengthen international cooperation. Wholesale securities and derivatives markets are global in nature and…
IOSCO consults on AI/ML guidance for market intermediaries and asset managers
IOSCO/MR/17/2020 Madrid, 25 June 2020 The Board of the International Organization of Securities Commissions is requesting feedback on proposed guidance to help its members regulate and supervise the use of Artificial Intelligence (AI) and Machine Learning (ML) by market intermediaries and asset managers. The use of these technologies may benefit firms and investors, such as…
CPMI-IOSCO publish a report on CCP auctions
CPMI Press release "CPMI-IOSCO publish a report on CCP auctions", 25 June 2020 Article source: https://www.bis.org/press/p200625.htm
25th Annual Moskowitz Prize: Call for Papers
25th Annual Moskowitz Prize 25th Annual Moskowitz Prize for Outstanding Quantitative Research in Sustainable and Responsible Investing submission deadline is June 30, 2020. As interest in impact and sustainable investing grows, so too does the recognition that such strategies can outperform, mitigate risk and be resilient in a crisis. That puts a premium on the…
Henderson – Reimagining Capitalism in a World on Fire
Rebecca Henderson, Reimagining Capitalism in a World on Fire points to the real need for reform and offers several suggested improvements, primarily the need to focus on purpose. (link to Amazon) I review her book below and offer my own four cents of advice. Today (6/24/2020) Rethinking Capitalism: A fireside conversation with Rebecca Henderson and Ioannis Ioannou…
BIS encourages central banks to continue adapting to the challenge of digital payments
Press Release on the pre-release of one chapter of the Annual Economic Report of the BIS, 24 June 2020. Central banks and payments in the digital era. Article source: https://www.bis.org/press/p200624.htm
Basel Committee proposes amendment to capital rules for non-performing loan securitisations
Proposal sets out a prudent treatment for securitisations of non-performing loans with a risk weight floor of 100% for these exposures. Proposal addresses a gap in the regulatory framework and was being developed before Covid-19. Comments on this technical amendment welcome until 23 August. Article source: https://www.bis.org/press/p200623.htm
Zhao v Medical Board of Australia (Review and Regulation) [2020] VCAT 662 (19 June 2020) (Gerard Butcher Rfd, Senior Member Presiding, Dr Laurie Warfe Oam, Member, Dr Peter McNeill, Member)
Catchwords: Review and Regulation List – medical practitioner – Health Practitioner Regulation National Law Act 2009 – review of immediate action decision – whether reasonable belief that immediate action necessary. Article source: https://jade.io/viewArticle.html?aid=753390&pid=-1&h=2112998234