Category: CRDimplementation.com

State Street Announces Intent to be Appointed Provider of Front-to-Back Investment Servicing Platform to Lazard Asset Management

BOSTON–(BUSINESS WIRE[1])–State Street Corporation (NYSE:STT) today announced that it has entered into a letter of intent with Lazard Asset Management LLC (“LAM”) which, subject to entering into definitive agreements, will result in LAM adopting State Street’s Front-to-Back investment servicing platform. LAM, a preeminent global asset manager, has been a long term customer of Charles River Development (CRD) through its Charles...

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“To end all crises?” download Finance Watch’s position

Key recommendations include: higher capital requirements to accommodate maximum harmonisation a flexible leverage ratio that measures gross derivatives exposure more capital against securitisations measures to encourage lending to businesses without credit ratings disclosure of risk weight methodologies and return on assets Frédéric Hache, senior research analyst at Finance Watch and author of the report, said: “The CRD IV package makes...

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AxiomSL Press Release – American G-SIB chooses AxiomSL for CRD IV reporting in Germany, France and the UK

13 August 2015 – AxiomSL[1], a global provider of regulatory reporting and risk management solutions, announced today that an American global systemically important bank (G-SIB) has decided to extend its deployment of the AxiomSL platform to support regulatory reporting in Germany, France and the United Kingdom (UK). The regulations covered will include the Capital Requirements Directive IV (CRD IV) and...

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Banking and finance regulatory news, December 2020

Recent regulatory developments focussing on banking and finance. See developments of broader scope in the Related Materials links. Contents Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 Financial Holding Companies (Approval etc) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020 Holding company regulatory transaction fees: PRA CP21/20 Operational resilience: PRA and ECB statements on...

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