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                              Please see below a regional breakdown of the latest articles from our Financial Institutions team. 
                             
                              
                              
 
                              Global: 
                              
                               
                                 
                                   
                                     
                                       
                                         
                                           
                                             
                                               
                                                 
                                                   
                                                     
                                                       
                                                         
                                                         
                                                           
                                                             
                                                              
                                                                The G20's commitment to fundamental reform of the global financial system at its Washington Summit in 2008 sparked a major overhaul of the regulatory landscape. Regulation has tightened considerably through numerous reforms across jurisdictions. Read more
                                                               
                                                                
                                                                Asia-Pacific: 
                                                               
                                                              
                                                              
  
                                                               
                                                              
                                                                Meaningful strides for some, measured steps for others, and a waiting game for the rest. This encapsulates the stages of development over the past 12 months in the Asia-Pacific region as the region's G-20 jurisdictions consider their implementation of the Financial Stability Board's "Key Attributes... Continue reading
                                                               
                                                                Americas:
                                                               
                                                              
                                                              
 
                                                            As the three-year run-up to the FASB's new accounting standards issued in 2016 approaches its final leg, the U.S. financial industry is scheduled to change the way companies will need to set aside funds to cover losses in their portfolios. Read more
                                                           
                                                            
                                                            EMEA:
                                                           
                                                            
                                                            
  
                                                             
                                                            
                                                              It has been a year since banks in the GCC region adopted International Financial Reporting Standards (IFRS) 9. As S&P Global Ratings anticipated, overall, the impact was manageable. Continue reading
                                                             
                                                              
                                                              
  Global Publications From Other Sectors  
                               
                                 
                                 
                                   
                                     
                                       
                                         
                                           
                                             
                                             
                                              
                                                With central banks around the world taking a sudden, more-dovish stance toward monetary-policy normalization, benchmark borrowing costs are lower, credit spreads are tighter since the beginning of the year, and credit conditions have improved somewhat. View the Credit Conditions series here
                                               
                                                
                                                
  
                                                 
                                                 
                                                  
                                                    Market conditions should remain favorable for covered bond issuance in new markets in 2019, backed by positive, albeit softening, global economic growth and a more dovish stance from the Federal Reserve and the European Central Bank. View the report
                                                   
                                      
                                      
 
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                                       Upcoming Events 
                                      
  
                                       
                                        
                                          Tues 09 Apr, 2019 or Thurs 11 Apr, 2019 | 08:00 a.m. (local time) | Johannesburg | Cape Town
                                         
                                          
                                          
  
                                           
                                           
                                             
                                              
                                                Wed, April 10, 2019 | 11:00 a.m. EDT
                                               
                                      
                                      
 
                                       Webcast replays:  
                               
                              
                                
                                For access to more of our research and insights, please visit our dedicated Financial Institutions webpage. If you're having trouble viewing any of the reports included in this email, or would like to get in touch with one of our analysts, please contact us. 
                               
                                
                                
 
                              
                              
 
                              Kind regards,
                             
                              Alex Birry
 Managing Director
 
                              Head of Analytics & Research - Financial Institutions S&P Global Ratings
 
                              
                              
 
                              
                              
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