More Financial services regulatory publications

Volcker underwriting: It's simple ... no need to overanalyze

March 2015

Leverage current processes to take the underwriting exemption.

Resolution preparedness: Do you know where your QFCs are?

March 2015

New QFC recordkeeping requirements effectively require daily reporting.

First take: CCAR stress testing

March 2015

Ten key points from the 2015 Comprehensive Capital Analysis and Review (“CCAR”).

First take: DFAST stress testing

March 2015

Ten key points from the Federal Reserve's 2015 Dodd-Frank Act Stress Test (DFAST).

EU bonus cap: The net widens

March 2015

EU closes loop holes and includes more banks and asset managers.

Volcker Rule: Are you really market making?

February 2015

Applying "reasonably expected near term demand" (RENTD).

Financial market utilities: Is the system safer?

February 2015

The Fed has been driving significant change at key FMUs.

SEC's swaps reporting and disclosure final rules

February 2015

Ten key points from the SEC’s swaps reporting and disclosure rules.

FINRA 2015 exams: Variable annuities

January 2015

Practical advice to prepare for FINRA's upcoming exams.

2014 FFIEC manual updates

January 2015

A summary of the substantive changes to the 11 sections of the FFIEC manual that received significant updates.

Private equity co-investment: Best practices emerging

January 2015

Co-investing is receiving enhanced SEC exam focus.

G-SIB capital: A look to 2015

December 2014

G-SIBs face capital requirements approaching 30%.

First take: Volcker Rule covered fund extension

December 2014

Ten key points from the Fed’s Volcker Rule covered funds extension.

First take: Cuba sanctions

December 2014

Key points from the President’s announcement on Cuba sanctions.

First take: Resolution plan guidance for CIDIs

December 2014

Ten key points from the FDIC’s resolution plan guidance.

First take: Swaps Push-Out

December 2014

Key points from Congress's roll-back of the Swaps Push-Out.

First take: Reg SCI

December 2014

Ten key points from the SEC’s final Reg SCI.

Asset managers: FSOC stands down, SEC stands up

November 2014

The SEC is poised to enhance its supervision of asset managers.

Broker-dealers: Countdown to new supervision rules

November 2014

Four new FINRA rules take effect on December 1st.

First take: TLAC

November 2014

Ten key points from the FSB’s TLAC ratio.

First take: The new Republican Senate

November 2014

Ten key points from last week’s elections.

Operational risk capital: Nowhere to hide

November 2014

Global banks should expect to hold about 50% more capital.

First take: Basel's final NSFR

November 2014

Ten key points from Basel’s final NSFR.

First take: SIFMU risk management standards

October 2014

Ten key points from the FRB's revised SIFMU risk management standards.

First take: CCAR Guidance and final Capital Plan amendments

October 2014

Ten key points from the 2015 CCAR Guidance and final revised Capital Plan rule.

First take: Risk retention

October 2014

Ten key points from the final risk retention rule.

Financial services regulatory practice: How we can help asset managers

October 2014

PwC can help address regulatory compliance issues and manage regulatory risk effectively. Our asset management regulatory team, a part of the firm’s national financial services regulatory practice, is comprised of experienced professionals with diverse backgrounds in the asset management industry.

Recovery planning: Until the last gasp

October 2014

New federal reserve guidance expects plans to cover the full stress continuum.

First take: Supplementary leverage ratio

September 2014

Key points from the final US supplementary leverage ratio.

First take: Liquidity coverage ratio

September 2014

Ten key points from the final US liquidity coverage ratio.

Risk Governance: Banks back to school

September 2014

The OCC's final rule emphasizes risk governance at the bank level.

First take: Uncleared margin re-proposal

September 2014

Ten key points from the US prudential regulators’ re-proposed uncleared margin rule.

First take: Resolution plan guidance to largest firms

August 2014

Ten key points from regulators’ feedback to Wave 1 resolution plan filers.

Foreign banks: US admission price rising

July 2014

The Fed expects detailed implementation plans from foreign banks.

First take: SEC’s money market reform

July 2014

Ten key points from the SEC’s final money market rule.

US regulatory outlook: The beginning of the end

July 2014

Four years since Dodd-Frank, several key rulemakings remain.

Mandatory margin on TBAs: TBD, but not for long

July 2014

Margin will soon be required for broker-dealers' To-Be-Announced transactions.

First take: Capital Plan rule

June 2014

Key points from the Fed’s changes to the Capital Plan rule.

SEC sweep: Liquid alternative funds

June 2014

Our perspective on the SEC's upcoming liquid alts review.

Asset manager SIFI designation: Enter SEC

June 2014

Expect more SEC scrutiny of asset managers.

First take: SEC’s cross-border derivatives rule

June 2014

Ten key points from the SEC’s final cross-border rule.

Volcker rule clarity: Waiting for Godot

May 2014

While banks continue to wait for regulatory guidance, five key questions need answering.

Mortgages: What you don’t know about “Know Before You Owe”

April 2014

Meeting the challenges of the CFPB's new rule.

Stress testing: A look into the Fed’s black box

April 2014

Making sense of the results from CCAR 2014.

First take: Basel III large exposures framework

April 2014

Ten key points from Basel’s new large exposures framework.

2014 Resolution Plans: The guidance you won’t receive

April 2014

Five suggestions for Category 1 firms deciding whether – and how – to revise their resolution plans before the July 2014 deadline.

Liquidity coverage ratio: No blood, but sweat and tears

April 2014

Expect changes to the US Liquidity Coverage Ratio when finalized this quarter.

First take: Supplementary leverage ratio

April 2014

Ten key points about the new US supplementary leverage ratio.

First take: CCAR stress testing

March 2014

Ten key points from the Fed’s 2014 Comprehensive Capital Analysis and Review (CCAR).

First take: DFAST stress testing

March 2014

Ten key points from the Federal Reserve's 2014 Dodd-Frank Act Stress Test (DFAST).

EU bonus cap: Restrictions nearly final for asset managers

March 2014

A bonus cap remains off the table for EU asset managers, but bonus restrictions may directly impact US fund managers.

Sanctions: US and EU action on Ukraine

March 2014

US and EU economic sanctions on Ukraine require action from banks.

17th Annual Global CEO Survey: Banking & Capital Markets Industry Summary

February 2014

A summary of key findings in the banking & capital markets industry, based on interviews with 133 banking & capital markets CEOs in 50 countries.

17th Annual Global CEO Survey: Asset Management Industry Summary

February 2014

A summary of key findings in the asset management sector, based on interviews with 123 asset management CEOs in 37 countries.

17th Annual Global CEO Survey: Insurance Industry Summary

February 2014

A summary of key findings in the insurance industry, based on interviews with 74 insurance CEOs in 39 countries.

Nonbank SIFIs: No solace for US asset managers

February 2014

A few, large US asset managers continue to be reviewed for designation as nonbank SIFIs.

First take: Enhanced prudential standards

February 2014

Ten key points from the Fed's enhanced prudential standards final rule.

Stress testing: First at bat for midsized firms

February 2014

Regulators will scrutinize midsized firms first stress testing submissions this spring.

Risk governance: OCC codifies risk standards, paving the way for increased enforcement actions

February 2014

The OCC's new risk governance proposal does more than codify heightened expectations.

Physical commodity activities: Too risky for banking organizations?

January 2014

Regulators are looking closely at new regulations for banks' physical commodity activities.

EU regulatory outlook

January 2014

Several key European regulatory developments are expected this year.

Resolution planning: Category 3 debrief

January 2014

The public portion of Category 3 US resolution plans reveal strikingly similar strategies.

Basel leverage ratio: No cover for US banks

January 2014

The latest Basel leverage ratio eases its approach and eliminates several differences with the US ratio.

Insurers: Is federal regulation coming?

December 2013

The Federal Insurance Office's report calls for state regulators to speak with one global voice.

EU bonus cap: Proposed expansion curtailed

December 2013

The EU banker bonus cap goes into effect on January 1, 2014 and will ultimately impact fewer people than previously proposed.

Derivatives: A first take on cross-border comparability

December 2013

CFTC’s comparability determinations bring some clarity to the cross-border compliance table, but several issues remain unaddressed.

More third-party guidance: When should you just do it yourself?

December 2013

The FRB's third-party guidance differs from the OCC's in some key ways.

Resolution planning: FDIC’s single point of entry

December 2013

The FDIC's proposal contains little new information, but shines light on the outstanding key issues even if only by its silence.

Volcker Shrugged

December 2013

The final Volcker rule seems manageable – but only if the regulators use their discretion wisely.

Volcker Shrugged

December 2013

The final Volcker rule seems manageable – but only if the regulators use their discretion wisely.

First take: Volcker Rule

December 2013

Ten key points from the final Volcker Rule's trading provisions.

Derivatives: Regulatory roulette

December 2013

Global entities scrambling to comply with the CFTC's latest cross-border pronouncements wish for regulatory certainty, but the best course of action in the meantime is prudent decision making.

Managing third-party relationships: It’s complicated

November 2013

The OCC's new third-party risk management standards go well beyond its prior issuances.

Capturing Model Risk & Uncertainty in Capital Planning: PwC Survey Results

November 2013

The results of PwC's survey provide an objective view of the range of practices being used to quantify model risk / uncertainty in the capital plans.

Volcker Rule: The day of reckoning is near

November 2013

The next version of the Volcker Rule is coming soon.

Stress testing: Failures on the horizon?

November 2013

Regulators released capital stress testing guidance that continues to raise the bar for large firms and signals that more failing grades are likely in the future.

Joint CFPB-State Supervision: No one is below the radar

November 2013

The CFPB-State Supervisory Coordination Framework coordinates federal and state supervision and enforcement activities for entities subject to supervision by both the CFPB and state financial regulators.

Liquidity coverage ratio: Another brick in the wall

October 2013

The US regulators' Liquidity Coverage Ratio forms one of the key components of the Basel III reform package, and came out much tougher than expected.

Resolution planning: Bail-in debt rule slowly taking form

October 2013

A bail-in debt proposal is expected from US regulators in the coming months.

Derivatives: Global discord extends to Asia

October 2013

A third wave of derivatives regulations, now from Asia, is about to impact global entities working to navigate Dodd-Frank and EMIR.

PwC's Financial services regulatory practice: How we can help advisers to real estate funds

October 2013

This brochure discusses regulatory and compliance challenges for real estate advisers in light of the Dodd-Frank regulations.

PwC's Financial services regulatory practice: How we can help mutual funds

October 2013

This brochure describes how PwC can help mutual fund managers, chief compliance officers, and boards deal with risk oversight, reputational damage, SEC whistleblower provisions, new reporting requirements, and more.

Financial Services Regulatory Practice: How we can help private equity advisors

October 2013

Financial regulatory reforms require most private equity (PE) fund advisors to register with the US Securities and Exchange Commission (SEC). PE advisors must abide by the Investment Advisers Act of 1940 with disclosure and reporting requirements inspections by the SEC.

Resolution planning: A public peek into the plans

October 2013

Regulators released the public sections of the 11 Category 1 firms' annual resolution plans.

Nonbank SIFIs: Up next, asset managers

October 2013

A few large asset managers may be proposed for SIFI designation by the Financial Stability Oversight Council.

Derivatives: CFTC shutdown, SEFs open

October 2013

The CFTC grants limited relief for SEFs and market participants just before the October 2nd deadline.

Systemically important derivatives clearing organizations: The CFTC proposes recovery and wind-down plans

September 2013

The CFTC proposed rules to heighten regulatory standards for systemically important DCOs, which should be viewed in light of two other documents also released in August (by CPSS/IOSCO and by ISDA) focusing on SIDCO recovery and continuity planning.

EU Bonus Cap: Fewer bankers likely impacted in 2014

September 2013

The EU banker bonus cap will likely be limited to senior management and certain “material risk takers” upon implementation in 2014.

Stress testing: Midterm results improved, but it's all about the final

September 2013

Firms release their mid-cycle stress testing results.

Margin on uncleared swaps: Global agreement in theory but not yet in practice

September 2013

The global framework establishing margin requirements for non-centrally cleared swaps is complete.

Identity Theft Regulation: Are you under the SEC/CFTC microscope?

September 2013

Impacted organizations are beginning to finalize their approach to a joint SEC/CFTC rule for preventing identity theft.

Broker-dealers: New FOCUS on financial responsibility

September 2013

The SEC finalized two new rules for tightening controls over broker-dealers holding customer funds and securities.

Stress testing: Getting to credibility - Firms between $10 and $50 billion

August 2013

Analysis of the banking regulators' guidance on the Dodd Frank Act's stress testing requirements for firms between $10 and $50 billion.

Living wills: Global resolution remains a reach

August 2013

The FSB's latest guidance completes the initial global framework for recovery and resolution planning.

Basel & prudential standards: US moving faster than world

August 2013

The regulatory timeline for key US rulemakings related to prudential standards and whether other countries will follow suit.

Credit exposure: Affiliate transaction rule in sight

August 2013

Various provisions of Dodd-Frank require banks to incorporate credit exposures from derivatives and securities financing transactions when calculating prudential limits.

Systemically important insurers: Global follows US lead

July 2013

On July 18, 2013, the International Association of Insurance Supervisors published a methodology for identifying global systemically important insurers.

Asset managers: SEC and European regulators agree to share information and cooperate on oversight

July 2013

The SEC and the European Securities and Markets Authority finalized a supervisory cooperation agreement on July 18th to allow regulators to share supervisory information about investment advisers doing business internationally.

Swap dealer compliance "day two" roundtable: Highlights and key insights

July 2013

On July 18th PwC hosted an industry roundtable to talk about Dodd-Frank “day two” compliance, that included a discussion with Gary Barnett, CFTC Swaps Division Director.


 

Derivatives reform for non-financial services companies

December 2012

For non-financial services companies, regulations introduced by the Dodd-Frank Wall Street Reform and Consumer Protection Act and Basel III will result in significant changes to the derivatives market. Every aspect of a corporation using derivative to manage risk will ultimately be affected—from risk strategies and corporate funding to operations and accounting. This 10Minutes provides insight on the impacts of new regulation on corporate entities and what those entities need to do now in order to meet impending reform deadlines and ensure they're well equipped to manage increased costs and compliance responsibilities.

FATCA and KYC: Similar yet different

November 2012

FATCA extends customer due diligence and reporting requirements well beyond what is typically performed for "Know Your Customer" (KYC) purposes. This whitepaper highlights four key challenges that Anti-money-laundering (AML) and KYC professionals should understand as their financial institutions begin to implement FATCA alongside existing account opening and AML/KYC capabilities.

How we can help commodity pool operators

October 2012

In February 2012, the CFTC approved rules that will require some private fund managers and investment companies to register with the CFTC as commodity pool operators.

Financial services regulatory practice: Form PF - How we can help asset managers

September 2012

The SEC and the CFTC adopted final rules to require registered advisers to private funds to file reports that would help the agencies assess systemic risk. Improved systems, processes and controls will enable information reporting and deliver benefits management reporting, investor reporting, financial reporting and risk management.

CFPB national servicing standards proposal

September 2012

September 2012 - The Consumer Financial Protection Bureau (CFPB) released proposed national servicing standards for comment for the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA).

A fast take on the impact of the Dodd-Frank Act on asset management firms

April 2012

April 2012 - Several provisions of the Dodd-Frank Act impact the asset management industry, either directly as regulated investment advisers, or indirectly as participants in the markets. Here is a summary of how Dodd-Frank impacts asset managers.

The SEC adopts final rule on hedge fund filing

October 2011

In October 2011, the SEC approved a final rule requiring registered advisers to private funds to report detailed information for the Financial Stability Oversight Council. Here’s what you need to know.

FDIC Board to Consider Volcker Rule Proposal on October 11th

October 2011

The FDIC will discuss the Volcker Rule at its upcoming meeting on October 11th.

Avoiding the Headlines: How Financial Services Firms Can Implement Programs to Prevent Insider Trading

June 2011

For financial services firms, the consequences of an employee, officer, or director being accused of insider trading can be highly damaging. Learn how to review programs and controls to protect your business.