Finansinspektionen, the Swedish Financial Supervisory Authority, has together with authorities in eight other European countries granted SEB the approval to apply the Advanced Measurement Approach (AMA) for determining the capital requirement for operational risk. This is the first time a Nordic banking group has received this approval. Finansinspektionen has also concluded its review of SEB’s internal capital adequacy assessment process (ICAAP), which is an important part of the new capital adequacy framework (Basel II). Finansinspektionen writes in its decision that SEB has sufficient capital in relation to the risks the Group is exposed to.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more