Transaction Banking and the Impact of Regulatory Change (eBook)

Ruth Wandhöfer is a regulatory expert in the field of banking and one of the foremost authorities on transaction banking regulatory matters. She is Global Head of Regulatory and Market Strategy for Citi's Treasury and Trade Solutions business. In this role Ruth's key responsibilities include driving regulatory and industry dialogue and developing product and market strategy in line with the evolving regulatory landscape. Ruth is also chair of the Global Public Policy and Regulatory Affairs Committee of BAFT (a global trade body that represents the particular interests of the transaction banking community); chair of the EU-wide banking industry Payments Regulatory Expert Group which plays a leading advocacy role on behalf of the banking industry in relation to all payments related legislative developments; chair of the European Payments Council Information Security Group; member of the European Commission Payment Systems Market Expert Group (PSMEG), a very small group of hand-picked industry experts and member of the ECB Contact Group on Euro Payments Strategy. Ruth was named as one of 2010s 'Rising Stars' by Financial News; named in Management Today's 2011 '35 Women under 35' list of women to watch (Sunday Times), and one of the 100 Most Influential People in Finance 2012 as named by Treasury Risk Magazine.

Cover 1
Transaction Banking and the Impact of Regulatory Change 4
Contents 8
List of Tables 10
List of Figures 12
About the Author 13
Foreword 14
Acknowledgements 16
Commonly Used Abbreviations and Acronyms 17
1 Regulation and Transaction Banking: A journey through a relationship at the crossroads 22
2 Post-Crisis Regulatory Change 26
3 Transaction Banking 101 79
4 The Journey from Basel I to Basel III: History and fundamentals explained 108
5 The Payments Special: Europe Versus the US 180
6 Impacts of Basel III and Other Regulations on the Transaction Banking Business 235
7 The Magic Mix: Or how to avoid future financial crises 273
Notes 294
Index 303