- The use of synthetic
Basel Committee meeting focuses on financial stability, digitalisation and Basel III implementation
States Issue Guidance on Adviser Use of Data Aggregation Tools
The Texas State Securities Board (“TSSB”) and the New Jersey Bureau of Securities (“NJBS”) issued guidance to investment advisers on the use of data aggregation services and third-party financial platforms.
The full update can be found here on our US Regulatory Intelligence platform.
Senate Banking Committee Democrats Urge Extended Review of eSLR Proposal
Senate Banking Committee Democrats urged top US banking regulators to release detailed data and analysis on the economic impacts of a proposed cut to the enhanced supplementary leverage ratio (“eSLR”).
The full update can be found here on our US Regulatory Intelligence platform.
Banking Associations Push to Close GENIUS Act Loopholes
The American Bankers Association and state bankers associations from all 50 states urged leaders of the Senate Banking Committee and its Digital Assets Subcommittee to address “loopholes” in the recently enacted GENIUS Act as part of upcoming digital asset market structure legislation.
The full update can be found here on our US Regulatory Intelligence platform.
Task force on Monetary Policy Examines Treasury Market Volatility
Before the House Financial Services Committee, Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, witnesses focused on treasury market volatility, treasury market liquidity, and the increase in US debt.
The full update can be found here on our US Regulatory Intelligence platform.
Basel Committee – Principles for the Management of Credit Risk
On 30 April 2025, the Basel Committee on Banking Supervision (Basel Committee) revised its Principles for the Management of Credit Risk (Credit Risk Principles).
The Credit Risk Principles provide guidelines for banking supervisory authorities to evaluate banks’ credit risk management processes in four key areas: (i) establishing a suitable credit risk
Basel Committee initiates work on ICT risk management and synthetic risk transfers
- Lessons learned from the 2023 banking turmoil. The Basel Committee took stock of its work to develop practical
US Regulatory Intelligence update – Treasury Department to Limit Beneficial Ownership Information Reporting Rule
The Treasury Department announced that it will not enforce penalties or impose fines for failure to comply with the Corporate Transparency Act’s beneficial ownership information reporting rule.
The full update can be found here on our US Regulatory Intelligence platform.
Principles for the Management of Credit Risk
On 5 February 2025, the Basel Committee on Banking Supervision (Basel Committee) issued a public consultation on a limited update of the Principles for the Management of Credit Risk (Credit Risk Principles).
The Credit Risk Principles provide guidelines for banking supervisory authorities to evaluate banks’ credit risk management processes in certain
Basel Committee work programme and strategic priorities for 2025/26
On 4 February 2025, the Basel Committee on Banking Supervision (Basel Committee) published its work programme and strategic priorities for 2025/26.
The programme prioritises work on Basel III implementation, risk assessment and safeguarding resilience, digitalisation, and liquidity. As part of its work on risk assessment the Basel Committee will pursue a deep