Wind and solar

Mixed evidence that green bonds are accelerating transition to low carbon economy

Are green bonds really playing a part in decarbonising the economy? The BIS, for one, has some doubts and to help make sure these securities more closely match their moniker, it has suggested a carbon rating system specifically for firms

GET Australian Senate 1207984878

Senate suggestions to quickly boost Australian fintech prove controversial

A senate committee has put forward 32 recommendations to produce some quick wins for the Australian fintech and regtech sectors, but its approach on some areas has upset Labour politicians and consumer protection groups

September 07, 2020

Technology is crucial in helping banks conform with the explosion of regulatory and reporting requirements and in helping supervisors monitor the financial system, but it also harbours some new risks. By Justin Pugsley

Robin Penfold

EU fires starting gun on next set of regulatory reforms

The EU is embarking on the next set of regulatory reforms, which will be centred around environmental, social and governance (ESG) factors and are very likely to become highly influential globally. 

Monique Melis

Wirecard: where did it all go wrong?

The dramatic collapse of Wirecard, once one of Europe’s leading fintechs, has left in its wake wide-ranging questions around supervision and the role of Germany’s regulator, BaFin

Pentti Hakkarainen

Fragmented approaches undermine the promise of suptech

Like the financial industry itself, regulators are being forced to turn to technology to do their roles better, but their disjointed approach is holding back the potential of suptech.

Piers Haben

Regulators firefight Covid-19 with “Quick Fix” hose

Though EU regulators have moved swiftly to ease compliance and capital burdens on banks, they nonetheless still face challenges, particularly when the non-performing loans start to pile up.

Mike Pompeo

US-China tensions threaten further fragmentation of global financial system

Financial institutions are treading a wary path as US-China tensions escalate with the prospect of the global financial system being split between the two superpowers. 

Chri Burn

UK regulators must remain bold post pandemic

UK regulators acted decisively when the Covid-19 pandemic struck, but once it passes they must retain the initiative in the face of changed markets and a different environment

Thomas Wieser

Eurobonds could fire-up CMU

EU plans to launch a bond to help fund the block’s economic recovery from the Covid-19 pandemic could also prove to be a precursor to CMU provided a number of other important obstacles are tackled

London Stock Exchange

Industry opinion split over FSB's CCP resolution proposals

The latest responses from a Financial Stability Board consultation reveal deep divisions within the financial sector over who should pay when a clearing house fails with big losses. By Justin Pugsley 

Andrew Bailey

Despite mounting loss provisioning UK banks can take more pain says Bank of England

The Bank of England estimates that the UK banking system is well capitalised enough to get through a severe recession, while it tries to reassure lenders to keep supporting the economy. By Justin Pugsley 

How are banks managing Covid-19 operational risks?