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More detail on US stress testing regime to emerge in early 2019

Tweaks to the US stress testing regime means implementation is likely to be delayed, following industry feedback suggesting more refinements are needed. Justin Pugsley reports.

Democrats promise more scrutiny following midterm election gains

The US financial deregulation agenda faces greater scrutiny and friction following electoral gains by the Democrats

SEC asks for public comment on wide range of its rules

General public given the opportunity to comment on whole raft of SEC rules, but generally few bother to do so

Fed warns over high leverage building up in the economy

In its first stability report, the US Federal Reserve Board has flagged up a range of leverage-related and geopolitical issues, which pose risks to the financial system

US agencies pondering refinements to living wills for banks

Speaking at a recent banking conference, FDIC chairwoman said the FDIC and Fed are looking at ways to simplify bank resolution planning and to make it more proportionate to a banks size and complexity

Prudential Financial removed from too big to fail list

Prudential Financial becomes last US insurer to shake off the ‘too big to fail’ designation, with critics seeing it as a significant roll back of the Dodd-Frank Act

Former Fed chief Yellen warns over huge deterioration in some lending standards

Former Fed chair Janet Yellen voices concern over huge deterioration in lending standards to corporates and over the deregulation agenda being pursued by US president Donald Trump

SEC to focus on investors, innovation and performance

The SEC said its latest four-year plan will focus on investors, innovation and on improving its own performance with the use of data and technology

CFTC threatens EU institutions US market access over CCP oversight

CFTC chair threatens EU with blocking access to US clearing facilities if EU doesn’t relent on some of its proposals for overseeing overseas clearing houses

Mike Crapo

US deregulatory moves could be challenged after mid-term elections

US mid-term elections could throw a spanner in the works of president Donald Trump’s deregulation agenda if the Democrats were to gain enough seats