Advocacy Updates

 

Basel Committee Revises Leverage Ratio Treatment of Client Cleared Derivatives

As urged by WOCCU, Basel Committee on Banking Supervision revised the leverage ratio treatment of client cleared derivatives to generally align it with the standardized approach measuring counterparty credit risk exposures (SA-CCR) as used for risk-based capital requirements.

Read More

WOCCU Urges Reduced Regulatory Burden for AML/CFT Requirements

World Council of Credit Unions (WOCCU) urged the Financial Action Task Force (FATF) to embrace proportionality in the application of anti-money laundering/countering the financing of terrorism (AML/CFT) regulations.

Read More

WOCCU Seeks Further Guidance on Proportionality for Credit Unions

WOCCU urged the Basel Committee on Banking Supervision to provide additional guidance in the form of a set of high-level principles or weighing-factors on when less complex regulatory approaches can be warranted for credit unions.

Read More

WOCCU Urges FSB to Endorse Further Proportionality Increase SME Lending

WOCCU urged the Financial Stability Board (FSB) to continue with proportionality efforts in light of the voluminous regulatory reforms adopted since the financial crisis.

Read More

@WOCCUadvocacy Twitter Feed
 
 

The Regulatory Telegraph is an online digest of the information you must know to ensure your cooperative financial institution remains in compliance with the modern (and future) regulatory environment.