Banking & Finance

ESMA Compliance Table for Cloud Outsourcing Guidelines

The European Securities and Markets Authority (ESMA) has published a compliance table related to its guidelines on outsourcing to cloud service providers. This document serves as a reference for financial entities to assess their adherence to the existing guidelines.

TPR Data: Master Trusts Dominate DC Market as Smaller Schemes Exit

The Pensions Regulator (TPR) has released data showing a 15% decrease in defined contribution (DC) schemes in 2025, with master trusts now dominating the market. TPR urges smaller schemes that do not deliver value for savers to consolidate.

Bank of Canada, EDC, RBC, TD Complete Tokenized Bond Issuance Experiment

The Bank of Canada, Export Development Canada, RBC, and TD have successfully completed an experiment evaluating tokenization and distributed ledger technology (DLT) for bond issuance. The project, named 'Project Samara,' involved issuing a $100 million tokenized bond settled with central bank deposits, demonstrating potential efficiency gains and identifying operational complexities.

Bank of Canada Remarks on Financial Stability and Risks

Bank of Canada Governor Tiff Macklem delivered remarks on financial stability, highlighting new players and old risks in a changing landscape. The speech, delivered on March 4, 2026, discussed systemic vulnerabilities and the growth of private credit.

Canada's Monetary Policy Framework in a World of Supply-Driven Trade-offs

The Bank of Canada is discussing its monetary policy framework ahead of its upcoming renewal. Remarks by Sharon Kozicki highlight the success of the 2% inflation target and the increasing importance of supply-side developments in a changing global economy.

Bank of Canada Issues Revised Compliance Order to XTM Inc.

The Bank of Canada has issued a revised temporary compliance order to XTM Inc. This order authorizes XTM to resume retail payment activities under the supervision of a court-appointed Monitor, subject to specific terms and conditions.

Bank of Canada Orders XTM Inc. to Cease Retail Payment Activities

The Bank of Canada has issued an immediate compliance order to XTM Inc. and its affiliates, prohibiting them from conducting retail payment activities or processing transactions from the AnyDay platform. This action was taken due to serious concerns about XTM's safeguarding of client funds.

Federal Reserve Notice on Bank Holding Company Formations, Acquisitions, and Mergers

The Federal Reserve System has published a notice regarding the formations, acquisitions, and mergers of bank holding companies. This notice, published on March 17, 2026, provides information on these corporate activities within the banking sector.

Federal Reserve: Bank Control Notices and Share Acquisitions

The Federal Reserve System has published a notice regarding change in bank control and acquisitions of shares of a bank or bank holding company. This notice provides information on regulatory filings and approvals related to these transactions.

Federal Reserve: Agency Information Collection Activities Approval

The Federal Reserve announced the approval of agency information collection activities under delegated authority. This notice, published on March 17, 2026, details the extension of an existing information collection for three years without revision.