ESMA consults on the potential impact of shortening the standard settlement cycle

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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today launches a Call for Evidence (CfE) on the shortening of the settlement cycle. Stakeholders are invited to provide their input by 15 December 2023.  The Call for Evidence will help ESMA to assess the costs and benefits of a possible

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ESMA publishes second consultation on crypto market rules

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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes a second consultation package under the Markets in Crypto-Assets Regulation (MiCA). Stakeholders are encouraged to provide their feedback to this consultation by 14 December 2023.  In the documents published today, ESMA is seeking input on five sets of proposed

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The Australian Human Rights Commission submits its opinion to the UN on Global AI Governance

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Complaints , Home About News Ethical AI and Global Governance Ethical AI and Global Governance , Technology and Human Rights Wednesday 4 October, 2023 , The Australian Human Rights Commission (Commission) is pleased to provide its submission to the United Nations' Office of the Secretary-General’s Envoy on Technology in response to the Call for Papers

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Reserve Bank of India constitutes an external Working Group on Expected Credit Loss (ECL) based Framework for Provisioning by Banks

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RBI had released the Discussion Paper on "Introduction of Expected Credit Loss Framework for Provisioning by Banks" on January 16, 2023, soliciting inputs from all stakeholders. The ECL approach to provisioning is a paradigm shift from the current incurred loss-based provisioning regime. The Discussion Paper envisages a forward looking, principle-based framework for provisioning for credit

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