Effective Banking News Today

The IIF and ISDA have submitted a joint comment letter to the Basel Committee responding to their consultation on updates to the Core Principles for E...

The Bank of Ghana (BoG) has warned the public to desist from receiving loans from unlicensed loan providers and thus issued a list containing the names of such entities. The BoG says the activities of these unauthorised loan providers are in contravention with the Banks and Specialised Deposit-Taking Institutions Act.…

The country’s financial regulators have created an inter-agency, cross-sectoral “Supervisory College” to strengthen the government’s ability to scrutinize financial conglomerates and its impact – in case of collapse – on the entire financial system. The Financial Sector Forum (FSF), which includes

Summary Although a detailed Brexit agreement has been reached between the UK and the EU on trade in goods and certain services, further work remains on the treatment of financial services. The EU must determine which UK financial rules and their applications will be deemed “equivalent” to EU rules, and therefore to what extent UK-based financial services firms will be able to operate in Europe. Brexit Agreement The United Kingdom concluded the vast UK-EU Trade and Cooperation Agreement (the...