David Nowell

Consequences of MiFID still unfolding ahead of pending review

Market participants and trade associations are drawing up ‘wish lists’ ahead of the European Commission’s review of MiFID II and MiFIR

Briget Polichene

US regulatory proposals pose concerns to foreign banks operating there

US regulators have put out a set of proposals to regulate foreign banks operating within their jurisdiction, which has raised considerable concern among some banks fearing they will lead to higher capital requirements and more stringent regulation

Jeroen Van Doorsselaere

Think tank pushes for tweaks to Basel III to support emerging market banks

The stringent requirements contained in Basel III are making life difficult for emerging market countries and their banks leading to calls for the regime to be better calibrated for their needs

David Clark

Brexit and economic realities keep CMU dream alive

The capital markets union could provide a significant boost to the EU’s economy, but still faces a host of national hurdles, not least the lack of a clear road map, before becoming a reality

Andrew Bailey

UK limited on how far it could change its regulatory regime post-Brexit

There has been much speculation as to how far the UK’s regulatory regime might change post-Brexit. However, any changes will be constrained by international factors, not least its future relationship with the EU

OCC

US regulatory spat over bank charters creating uncertainty for fintech

A dispute between the OCC and state regulators over special purpose bank charters is sowing uncertainty for the US fintech sector

Kelvin Dickenson

Firms turning to automation to keep pace with anti-money laundering rules

Firms turn to automation to comply with tough anti money laundering rules as fines for infringements continue to pile up

Richard Crecel

Long-term recovery rates on corporate debt higher than Basel Committee estimates

Banks tend to recover more capital on defaulted corporates loans and do so more quickly than is widely assumed by regulators. However, this may not result in lower risk weightings for corporate loans anytime soon