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BCBS, CPMI And IOSCO Survey Clients And Non-Bank Intermediaries On Margin Calls

BCBS, CPMI And IOSCO Survey Clients And Non-Bank Intermediaries On Margin Calls Date Standard-setters invite market participants to complete a voluntary survey on margin calls Survey is part of an examination into liquidity shortfalls during the early stages of the Covid-19 pandemic Results will feed into work programme to improve the resilience of non-bank financial intermediaries International standard-setters for banks, market infrastructures and securities markets have issued a survey on the use of margin calls as part of an examination into liquidity shortfalls during the early stages of the Covid-19 pandemic (March and April 2020). The Basel Committee on Banking Supervision (BCBS), the  Committee on Payments and Market Infrastructures (CPMI) and the International Organisation of Securities Commissions (IOSCO) (the Committees) are inviting clients (i.e., entities that participate in these markets through an intermediary) and non-bank intermediaries to complete

FSB Prioritizes Nonbank Financial Intermediation, Money Market Funds And Cross-Border Payments For 2021 - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. Federal Reserve Board Vice Chair for Supervision Randal K. Quarles, who also serves as Chair of the Financial Stability Board ( FSB ), identified nonbank financial intermediation ( NBFI ), money market funds and cross-border payments as the FSB s priority areas for 2021. Mr. Quarles stated that NBFI prominence in the financial ecosystem has created greater interconnectedness and, therefore, a need to understand the vulnerabilities arising from risks outside of the banking system. He noted that the NBFI sector accounts for almost half of all global financial assets. Mr. Quarles referenced the FSB s Holistic Review of the March Market

MIL-OSI USA: Quarles, The FSB in 2021: Addressing Financial Stability Challenges in an Age of Interconnectedness, Innovation, and Change

MIL-OSI USA: Quarles, The FSB in 2021: Addressing Financial Stability Challenges in an Age of Interconnectedness, Innovation, and Change
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