Yesterday marked another milestone in the progress of the Clearing & Settlement Working Group (CAS-WG), with our second plenary meeting. This time it was held at the London Stock Exchange … … and discussed the progress of the four Subject Groups that were created after our first meeting at the beginning of March. Since then,…
As mentioned, we had a keynote presentation at the Financial Services Club from Andrew Haldane, Executive Director responsible for Financial Stability with the Bank of England, last week. The presentation was delivered under the Chatham House Rule, so I cannot say too much about what Andy covered, but there was a theme throughout that may…
I’ve been getting around a bit this week. Having had long conversations with cybersecurity experts, I’ve also been having long conversations with treasurers. Many of them. Many of them, mainly with the world’s largest corporations. And it’s been interesting, as they all share one over-riding common concern. Regulations. Now I thought bankers were the only…
I’ve been getting around a bit this week. Having had long conversations with cybersecurity experts, I’ve also been having long conversations with treasurers. Many of them. Many of them, mainly with the world’s largest corporations. And it’s been interesting, as they all share one over-riding common concern. Regulations. Now I thought bankers were the only…
I’ve spent my life working with banks and technology firms, trying to align technology with business strategy and vice versa. And yet it was only yesterday that I realised that these two industries are ripping each other apart. The fact is that banking was managed in a risk averse way for centuries through diligent book-keeping…
I’ve spent my life working with banks and technology firms, trying to align technology with business strategy and vice versa. And yet it was only yesterday that I realised that these two industries are ripping each other apart. The fact is that banking was managed in a risk averse way for centuries through diligent book-keeping…
Since the financial crisis hit, there has been a regulatory spotlight shining on the whole of the banking sector. That light is now trying to bring vision to the shadow banking sector. Will it succeed? The European Commission is trying to close regulatory gaps that may allow risks from shadow banking to amass in the…
Since the financial crisis hit, there has been a regulatory spotlight shining on the whole of the banking sector. That light is now trying to bring vision to the shadow banking sector. Will it succeed? The European Commission is trying to close regulatory gaps that may allow risks from shadow banking to amass in the…
