Insights
Implementation of Basel 3.1: How to efficiently manage reforms
Unveiling Basel 3.1: Navigating the reforms in the EU and in the UK The Basel Committee on Banking Supervision (BCBS) responded to the 2008 global financial crisis by introducing Basel III, a series of reforms designed to enhance banks' resilience throughout economic cycles. Indeed, the financial crisis exposed
Learning from SVB's Collapse: Aspiring Beyond Compliance and Strengthening Data-Driven Regulation
The collapse of SVB has raised important lessons for banks and regulators, as highlighted by James Bowpitt, the Risk and Regulatory Reporting UK Lead at Suade Labs. SVB's downfall stemmed from a myopic focus on meeting regulatory requirements without considering broader factors. Banks should strive for goals beyond
AI and ML: revolutionising financial regulatory and supervisory activities
Author: DIANA PAREDES Chief Executive Officer & Co-founder - Suade Labs 💡Recent events with SVB and Credit Suisse have made the AI/ ML conversation more relevant than ever. Recent events involving SVB and Credit Suisse have made the conversation around AI and ML more relevant than ever, demonstrating that their
Revolutionizing Regulatory Reporting in the US: Solving Challenges in Data Processing and Ongoing Liquidity Risk Regulatory Changes
The recent collapse of Silicon Valley Bank (SVB), Signature Bank, and Credit Suisse, as well as the rising liquidity risk and bank run on the regional banks, has highlighted the crucial role of robust risk management and regulation in all organizations. In May 2023, the Federal Reserve is set to
ESG: Quantifying The Unquantifiable
Measuring non-financial risks can be quite challenging when there is no standardized mechanism to quantify them. Hence, decisions about risk tolerance and implementing risk management policies across a business are riddled with complexities.
Whitepaper - Push vs Pull: The future of data collection
Could the financial industry move to a more regulator-led pull-based system? Would it make sense, what implications would it have and what would the new requirements for that pull system look like? The past decades have seen an extraordinary acceleration and innovation in information exchange systems due to the rise
Basel III Reform – Q2 2023
Canada, October 2022 OSFI’s revised Capital Adequacy Requirements (“CAR”) Guidelines and new BCAR templates are coming into effect starting Q2-2023. With only a few months left to prepare, firms are under pressure to make sure they are compliant. The updates involve a significant number of changes to standardized risk
Suade implements statistical and liquidity reporting for GSIB in Singapore
Rapidly evolving regulatory requirements and increasingly complex banking business models are driving financial institutions to adapt and embrace innovation and technological transformation to remain competitive.
Can Robots Run The Galaxy, Or At Least Automate Regulatory Reporting?
Although robots are essential in running the galaxies of Star Wars, Star Trek, 2001 Space Odyssey and other imagined worlds, the truth is that they can’t read. Or rather, they can read by rote, but they don’t have the intelligence to interpret nuance.
Regulatory harmonisation through data standardisation
Achieving regulatory harmonisation across industries and regions of the world would confer significant benefits for many different stakeholders, both private and official sector alike.