Transaction Banking and the Impact of Regulatory Change

Transaction Banking and the Impact of Regulatory Change

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Transaction banking provides the backbone of the global economy, and is a key financial service offered by banks covering payments and cash management, trade finance, supply chain and securities services. Now with a wave of regulatory requirements such as Basel III the transaction banking business is being significantly impacted by both intended and unintended consequences. In this book, Ruth WandhApfer presents an insider's guide to the impact of regulation on the transaction banking business, exploring regulatory reform and the role of transaction banking. It provides a deep dive into Basel I a€“ III that enables the reader to understand how these rules impact a bank's balance sheet, followed by a critical analysis of European and US payments regulation. It covers areas such as prudential rules; liquidity/capital; specific product related legislations for payment services; trade finance; potential impacts on competition; and what it means for the end user. Ruth also shares practical suggestions to reduce the unintended consequences of these measures on transaction banking and proposes an alternative regulatory model for prudential regulation. This book is essential reading for regulators, bankers, politicians, students and anyone with a curious mind.Whenwe look at the second part of this article, the rightforPSUs to request their PSP to applyISO 20022 XML in relation to their ... in the contextof allglobal payment transactions (work that hasbeen standardised as part ofthe ISO Common Global Implementation Forum, ... A payer making a credit transfer to apayee holdinga payment account located within the Union shall not specify the Member Stateinanbsp;...

Title:Transaction Banking and the Impact of Regulatory Change
Author:Ruth Wandhöfer
Publisher:Palgrave Macmillan - 2014-10-29


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