Former CEO and desk head ordered to pay $500,000 each for supervision failures.
Former CEO and desk head ordered to pay $500,000 each for supervision failures.
The infrastructure has not been significantly updated since the late 1970s.
Project Helvetia showed the feasibility of settling digital assets on DLT with central bank money.
There will not be a legal vacuum when LIBOR disappears.
Staff have resigned or taken pay cuts after system failure on October 1.
Risk management practices were deficient and the framework to avoid conflicts of interest was insufficient.
The envisaged start date of the incoming Chair is 1 April 2021.
BlackRock was hired to carry out a study on integrating ESG objectives into EU banking rules.
Market participants need regulatory certainty to continue trading in global derivatives markets.
