The European Council adopted a regulation introducing a legal framework for credit rating agencies (3642/09) and a directive updating capital requirements for banks (3670/09), which constitute a significant part of the work programme it launched last autumn in response to the financial crisis.
It also adopted a regulation on cross-border payments (3665/09) and a directive on electronic money (3666/09), in the light of assessments of the application of existing rules, as well as a decision establishing European Community programme to support activities in the field of financial services, financial reporting and auditing (3671/09).
The Council and the European Parliament reached agreements for all five dossiers in the first reading.
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