Banks based in some smaller developing countries are being steadily frozen out of the global financial system due to rules for curbing money laundering and funding terrorism – an unintended consequence, which needs addressing according to two recent reports
As the derivatives industry suffers an onslaught of regulatory deadlines, firms must consider greater standardisation and more automation of their processes to keep costs down and to make compliance easier. Justin Pugsley reports.
Regulatory reforms designed to push over-the-counter derivatives through clearing houses have thrown up a number of potentially serious unintended consequences.
Fintech firms face a risk from Brexit on two fronts; revenues and capital raising. Yet the scale of the risk depends on several dynamics.
The expansion of China’s shadow banking system has been spectacular – but attempts by the authorities to rein it in have so far only slowed the pace of that growth. Justin Pugsley reports.
- Regulators starting to catch up with green bond boom
- Link between sovereign debt and bank solvency must be cut
- Regulators taking deeper interest in fast-evolving shadow banks
- Derivatives industry seeks solutions to mitigate regulatory burden
- Regulatory reforms sucking liquidity out of derivatives markets