FSB and IMF provide update on implementation progress of G20 Data Gaps Initiative. The Financial Stability Board and the International Monetary Fund issued the second progress report on the implementation of phase two of the G20 Data Gaps Initiative, which addresses the data gaps found after the global financial crisis in an effort to facilitate reliable statistics to develop policy. (9/21/2017) FSB press release.
IOSCO hosts meetings of emerging markets and Asia-Pacific regulators. The International Organization of Securities Commissions summarized the discussions of its Growth and Emerging Markets (GEM) Committee and its Asia-Pacific Regional Committee (APRC) at an annual meeting. Among other matters, the GEM Committee discussed sustainable market-based financing and capital markets, liquidity challenges, and cyber resilience. The APRC discussed regional regulatory and supervisory issues, including initial coin offerings, capacity building issues, and the impact of EU regulations on Asia-Pacific markets. (9/21/2017) IOSCO press release.
Basel Committee updates FAQs on Basel III definition of capital. The Basel Committee on Banking Supervision published a fourth set of frequently asked questions that offer clarification of and interpretative guidance on the Basel III definition of capital. (9/19/2017) BIS press release.
ISDA recommends risk-based principles for cross-border comparability determinations. The International Swaps and Derivatives Association published a white paper that sets out a risk-based framework for cross-border comparability assessments. (9/18/2017) ISDA press release.
ISDA proposes CCP recovery and resolution framework. ISDA published a paper containing recommendations for regulators to finalize and implement a recovery and resolution framework for central counterparties. (9/18/2017) ISDA press release.
ISDA analyzes OTC derivatives margin payments. ISDA published the findings of its 2017 margin survey, which examines margin payments in the over-the-counter derivatives market. (9/18/2017) ISDA press release.