Finma
Credit Suisse scraps legacy businesses at even faster tempo
The firm’s strategic resolution unit shed $6.2 billion of leverage exposure in the three months to June
Regulators bristle at slow progress on BCBS 239
Three out of 30 banks compliant with six months to go; talk of capital add-ons for laggards
Finma’s op risk ruling could set precedent, banks hope
Credit Suisse granted capital relief for divested business; others hope for clemency ahead of SMA
Zurich builds up capital buffers
Insurer edges toward over-capitalisation on its own measures
Credit Suisse sheds $11bn in op risk RWAs
Regulator allowed Swiss bank to cut op risk exposure from defunct business
UBS warns of 6% increase in credit RWAs in 2018
The bank's credit RWAs continue upward trend
FRTB: banks grapple with hard-to-model risks
Swiss, UK bank efforts to comply with regulators’ risks-not-in-VAR rules may be undone by transition to FRTB
Goldman swaps assets drop $140bn after margin change
Move follows guidance from US regulators; no word from Goldman on capital impact
Swiss regulator fast-track key to cleared Saron swaps launch
Ice warns against rushing new products into clearing, however
Eurex urges more regulators to endorse VM capital savings
CME, Ice and LCH treat variation margin as settlement; Eurex awaits further guidance
Credit Suisse seeks capital relief for resolution unit
Finma to rule on whether divesting businesses can reduce op risk RWAs
European banks pressed to boost model risk management
US model risk management guidelines being increasingly used by banks and regulators elsewhere
Q&A: Finma’s Branson on Swiss banks and the Swiss franc
CS and UBS have "reshaped and resized", but risk to Swiss economy needs to be cut further
Finma distribution rules confuse hedge funds
Small foreign asset managers suspected of breaching Swiss regulations
Finma's Branson calls for Basel leverage ratio hike
"The world has moved on" since the 3% minimum was set, he says
Credit Suisse and UBS expect to miss Basel data deadline by a year
Finma said to be considering penalties
Finisterre Capital appoints Burnside as partner
Anglo-Italian Tages Capital forms partnership with Germany’s GDW AM
Long-delayed settlements complicate op risk capital models
Delayed impact of 2008 crash means higher capital demands
Substituted compliance requires global oversight, warns Iosco’s Wright
Substituted compliance unlikely to work without a global body to settle disputes, says Iosco secretary-general
National regulators ramp up efforts to combat low rate threat
Interesting times
US foreign bank plans threaten bail-in system, says Finma
Cross-border resolution could be harder under US-style capital and liquidity plans, says Finma's head of bank supervision