Banks fully support, and have been working towards, the overhaul of banking regulation in the UK, according to the British Bankers’ Association (BBA), in light of the publication of the Financial Services Bill. The BBA said the bill was an important step forward and that rigorous ground work by parliament and the industry had contributed to proposals which focused on effective, proportionate banking supervision.
BBA chief executive officer (CEO), Angela Knight said: “Banks understand the need for change and have been working closely with government, parliament and regulators to ensure the industry operates in the best interests of the businesses, their shareholders and all their customers. Good financial supervision is not just about structure – decisions taken made by bankers and regulators matter too. It is vital we take this opportunity to build a system where regulation is both effective and responsive to the challenges we face and can also help attract and retain the best and fittest to the ranks of our regulators.”
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