Complex new rules from 1 Jan 2022 that can benefit banks and building societies Our second webinar of the series examined the implications and what’s new with forthcoming CRR2 regulations, including the impact on UK firms. Stuart Fairley and Luke Di Rollo from ALMIS International provided detailed presentations on these rules to over 85 banking […]
Industry expert and guest speaker Chris Blake commented in our recent webinar that NSFR is perhaps more important than the LCR, and provided an explanation of this metric which was well received by attendees from over 85 Banks and Building Societies. Our poll then showed many firms have not yet decided whether to go with […]
Central banks around the world are assessing and developing improved ways to receive and analyse data from banks. Since the 2008 banking crisis, there has been a tsunami of regulations and reporting requirements for Banks and, bluntly, the banking industry has struggled to keep up with these frequent and ever more complex requirements. Continue reading […]
ALMIS International in partnership with Linklaters LLP held a webinar and discussion on the prudential regulatory landscape for small/challenger banks and building societies on 3 March, 2021. The session covered the relevant aspects of: • EU CRR2/CRD V regime including remuneration requirements for smaller banks• UK implementation of CRD V• UK implementation of Basel III […]
ALMIS International hosted another successful webinar with our partner and Climate Risk specialists Urgentum. This webinar is now available to view. Urgentem are an award-winning independent provider of emissions data, climate risk analytics and advisory to the finance industry for robust carbon-investment strategies. This webinar provided an overview of climate risk to get banks and […]
First, there was the FSA 047/048. In late 2009, in a prompt response to the downturn, the FSA introduced a tough new liquidity regime including significantly enhanced liquidity reporting requirements, focused on detailed mismatch ladder analysis, which were to be phased in over a period. During 2010 most banks began submitting, amongst others, the 47 and 48 which cover Daily Flows and Enhanced Mismatch Reporting respectively.
UK banks’ travels on the liquidity reporting journey continue with the imminent official start, after a few false starts, of the maturity ladder Additional Liquidity Monitoring Metric (C66) and the PRA 110 looming over the horizon …..
The financial crisis which broke in 2007/08 generated an unprecedented explosion of banking regulation. Some commentators and politicians (esp US) are now arguing its time to deregulate again. Whatever the merits of that debate, there’s little respite yet here in the UK for the banking sector. Amongst other things the flow of new regulatory reporting […]
The financial markets have their fair share of obscure and confusing concepts and jargon. The topic of portfolio macro hedge accounting is a good example. Essentially an accounting technique intended to eliminate volatility in financial statements, it is not an easy topic. But the basics can be illustrated by taking a simple example: A bank […]
Introduction The Basel Committee indicated several years ago that it wants the NSFR to become “a minimum standard by 1 January 2018 ”. With that apparent deadline looming, now seems a good time to assess where matters stand on this key post crisis reform to the banking sector. The story so far At the international […]