Just last week we posted on rounding of figures in reports, and how it can cause validation processes to flag calculation inconsistencies that – while they should be checked – should not be a cause for concern, since there is (generally) no underlying error.
The International Monetary Fund and the Financial Stability Board have published their sixth progress report on the G20 Data Gaps Initiative (DGI), counting down to its conclusion at the end of 2021.
The Bank for International Settlements Innovation Hub has recently reported on Phase 1 of its Project Ellipse. This is a proof of concept intended to examine the potential for insights-based and data-driven supervision using an integrated regulatory data and analytics platform.
Financial Stability Board (FSB) Chair Randal K. Quarles wrote this week to G20 Finance Ministers and Central Bank Governors, ahead of their meeting on 13 October.
If you are engaged in environmental, social, and governance (ESG) reporting in the UK, you may like to get in touch with Financial Reporting Council’s Financial Reporting Lab. It is seeking companies, service and systems providers, investors and any other interested parties to participate in a new project looking at how companies produce ESG data.
We found food for thought on the subject of predictive data analytics this week in remarks by Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), before the SEC’s Asset Management Advisory Committee.
We were interested to note a strong emphasis on data in a recent speech by Nikhil Rathi, CEO of the UK’s Financial Conduct Authority (FCA), on challenges and priorities for the organisation.
François Villeroy de Galhau, Governor of the Banque de France, spoke recently at the International Conference on Statistics for Sustainable Finance, emphasising the need for good data.
A senior official from the People’s Bank of China has spoken of the imminent release of a new fintech plan, aiming to guide the stable development of the sector and accelerate digital transformation.
Congratulations to the Australian Prudential Regulation Authority (APRA)! On 13 September, its new data collection portal, APRA Connect, went live.
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