CommentRSS

SEPA end dates: as clear as mud

Journalists are all too familiar with deadlines – they rule our professional lives. In order for this esteemed organ to reach its readers’ desks in a timely fashion (so the information is relevant and reflects the issues of the day), everyone involved in its production works to a set deadline (more or less). So in […]

Comment: The FSCS Single Customer View Requirement

The Financial Services Compensation Scheme (FSCS) provides a safety net for consumers in the event of the failure of their financial services provider. Deposit protection is a key component of the FSCS and the Single Customer View (SCV) is an essential requirement of it. The run on Northern Rock bank in 2007 provided a stark […]

Comment: Basel III – what it means for the industry

They call it Basel III but perhaps a more appropriate term would be Basel 1½. The new rules from the Basel Committee on Banking Supervision aim to set minimum capital and liquidity standards for the world’s banks. This is the third such set of standards the committee has created – hence Basel III – but […]

Comment: Recovery in the European repo market – use of CCPs rises

The ICMA European Repo Council, which represents the repo dealing community in Europe, carries out a survey twice a year that fixes the size of the European market, based on the amount of business outstanding on a single day. The latest survey shows the amount of repo business in Europe has recovered to €6,979 billion […]

Comment: SEPA – build it and they will come, perhaps

The transformation of the European payments landscape is now firmly into the next phase with the launch of the Single Euro Payments Area) Direct Debit programme on November 2nd 2009. How are banks and treasurers to take advantage of the new products? Much of the SEPA focus to date has been on bank compliance and […]

Comment: build it and they will come, perhaps

The transformation of the European payments landscape is now firmly into the next phase with the launch of the Single Euro Payments Area Direct Debit programme on November 2nd 2009. How are banks and treasurers to take advantage of the new products? Much of the SEPA focus to date has been on bank compliance and […]

Comment: core replacement … nothing to it

Various features and analyst reports tell us that 2010 is the year for core systems replacement across the financial services sector. Sound familiar? We were told the same thing in 2009, and come to think of it, also to some degree in 2008. Last year, a key rationale appeared to be that the slower pace […]

Comment: The new risk management imperative

Ask ten people about the future of the commodities and energy markets and you will get ten different responses. The long-term economic consequences of government bail-outs and stimulus packages are far from clear, and predictions about what will happen to prices vary enormously. However, among these huge uncertainties, there are several things of which we […]

Comment: dematerialisation – Cost Reduction 2.0

Dematerialisation in essence, is doing more with less. And we are seeing it increasingly in the banking sector: perhaps a trend whose time had come, the recent global banking crises has certainly catalysed interest. The last two years has seen $5.5 trillion wiped off capitalisation of the global banking sector, (a fall to 60% off […]

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