The ECB just released their latest Quarterly Update Magazine and, as we have a plenary meeting of the Clearing & Settlement Working Group next Tuesday, I thought you might be interested in an update on T2S from the ECB. T2S Programme Plan The T2S project is on track and progressing according to the Programme Plan, which…
For the last decade, I’ve been a fan of the Eurozone. It’s created a lot of business for many of us. The Financial Services Action Plan (FSAP), the forty or more Directives, the Single Euro Payments Area (SEPA) and all that stuff has been good for business for consultants, technologists and for some bankers too….
For the last decade, I’ve been a fan of the Eurozone. It’s created a lot of business for many of us. The Financial Services Action Plan (FSAP), the forty or more Directives, the Single Euro Payments Area (SEPA) and all that stuff has been good for business for consultants, technologists and for some bankers too….
I was going to write one final piece about Japan, on a more serious note, as the SIBOS week really brought home to me the fact that there is a two speed financial world being regulated under one regulatory agenda. There are the growth markets of Asia, Africa and Latin America, who want regulation to…
The eighth World Payments Report (WPR) has just come out and, last week, we provided a summary of the first section on non-cash trends. Here’s a summary of section two: regulatory trends. Ability to Innovate is Challenged Amid Sea of Key Regulatory and Industry Initiatives Regulators have continued to implement the Key Regulatory and Industry…
After the LIBOR debacle and the money laundering affairs of Standard Chartered and HSBC, the UK’s banks reputation are in the toilet. Now we have to rebuild, and this is where it gets interesting and challenging. After claiming that the Americans were holding our banks to ransom last week, we now see the potentially true…
