There are growing doubts over how faithfully the EU will transpose the finalised Basel framework into its regulatory regime as a potential recession looms over Europe.

The UK’s pending departure from the EU has potentially weaponised its equivalence process, which decides if third country-based financial services firms can sell into the union, leaving many financial firms concerned.

The UK Treasury is consulting over certain aspects of the UK’s financial regime ahead of Brexit

The UK is the second country to roll out a comprehensive firm-specific resolution regime for banks, but before it even goes live there are already concerns being expressed over the public disclosure aspects of it. 

The UK authorities are looking to bring more clarity and better definitions around crypto-assets in a bid to spur innovation whilst also protecting consumers

A Bank of England working paper further challenges the ‘option theory’ for mortgage defaults and finds the widely accepted ‘double trigger hypothesis’ to be potentially lacking as an explanation for non-payment

The research unbundling measures contained in MiFID II are already impacting US investment research firms, creating a dilemma for the SEC over what approach it should take on its home turf

A working paper from the Norwegian central bank points to some important flaws related to the alternative interest rate benchmarks being primed to replace the discredited Libor.