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Regulatory pressures to force banks into legacy IT systems upgrades, senior bank officials predict

A majority of senior managers in the financial services sector believe regulatory pressures will force banks to upgrade their legacy systems, according to a new survey. 19 Sep 2014

PSD2: EU ministers move to tighten payment authorisation requirements for mobile app payments

Plans to tighten rules on the authentication of payments made via mobile wallets have been unveiled by the presidency of EU law making body the Council of Ministers. 16 Sep 2014

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UK regulation of international bank branches to focus on resolution plans, PRA confirms

Banks headquartered outside of the European Economic Area (EEA) will be expected to adequately cover the risk of future failure of any UK branch before they will be able to open or operate one, the Prudential Regulation Authority (PRA) has said. 12 Sep 2014

Moody's proposes changes to bank credit rating method to take new resolution regimes into account

Moody's, the ratings agency, has proposed changes to the way in which it calculates banks' credit ratings which it said would better reflect the risk that different classes of creditor could be expected to 'bail in' a struggling bank. 12 Sep 2014

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