David Clark

EU countries attempt CMU reboot

The capital markets union has been an EU dream that never seems to quite materialise. An initiative by seven EU countries is attempting to push it forward, but most commentators are sceptical of it succeeding 

Colleen Baker web

Battle between CCPs and their members steps up a notch

Clearing house members are becoming increasingly determined to force clearing houses to shoulder more risk as part of the services they provide and are taking their message to regulators

Chris Woolard

FCA ponders UK rules post-Brexit

A conversation is beginning around the future of the UK’s regulatory regime post-Brexit, with the Financial Conduct Authority (FCA) talking about adopting a broader outcomes-based approach and is even questioning disclosure levels. By Justin Pugsley 

Barney Reynolds

Could an outcomes-based approach heal regulatory fragmentation?

Many regulators favour judging rules on their outcomes and with the UK set to leave the EU there is a chance that this approach could gather momentum and may even help deal with regulatory fragmentation

Libra

Supervisors question stability of stablecoins

Stablecoins are the latest cyber-asset trend to worry supervisors who are concerned that they may pose a systemic threat and could even undermine central bank monetary policy

Bank of servers

US Congressional committee warned about cloud risks to banks

The rapid move by banks into the cloud has raised concerns with a US congressional committee where a hearing revealed the benefits and dangers of this trend

US China tensions

Trade war threatens pace of China’s regulatory reforms

In the last few years, China has embarked on a concerted effort to curb the excesses of its shadow banking system, but the trade war with the US may slow or even threaten those aims. 

Scott O'Malia

Derivatives industry needs tech revolution as it struggles with ageing infrastructure

ISDA is trying to renew the infrastructure supporting the derivatives market in an effort to support more standardisation and digitisation so as to increase efficiency