James Phare has not received any gifts yet
Time is fast running out for G-SIBS (and indeed D-SIBS) to demonstrate compliance with the principles of BCBS 239. Many surveys have been conducted by firms such as EY, McKinsey and Deloitte – none of which paint a particularly pretty picture in terms of readiness. Most suggest that the majority of banks will only be able to demonstrate compliance with between 25% and 60% of the listed principles by the January 2016 deadline. Why is this?
At a recent industry event discussing…Continue