BANKING

PRA policy statement – Strengthening individual accountability in banking and insurance: Amendments and optimisations

The PRA has published a policy statement (PS12/17) on amendments and optimisations to the Senior Managers and Certification Regime (SM&CR) and the Senior Insurance Managers Regime (SIMR).

Bank of England, PRA, May 2017

PSR publishes webpage on contactless mobile payments

The Payment Systems Regulator has published information on its work on contactless mobile payments and what it plans to do next.

Payment Systems Regulator, 12 May 2017

European Commission publishes yen interest rate derivatives cartel decision

The European Commission has published a decision relating to the yen interest rate derivatives cartel.

European Commission, 12 May 2017

EBA final report: Guidelines on credit institutions' credit risk management practices and accounting for expected credit losses

The European Banking Authority has published a final report which contains guidelines on credit institutions' credit risk management practices and accounting for expected credit losses.

EBA, 12 May 2017