Four steps to implementing the Senior Managers and Certification Regime

The extension of the Senior Managers and Certification Regime in the UK will reach vastly more firms, but many of them have yet to consider the impact of this far-reaching body of rules on their operations. By James Marshall, senior regulatory consultant at TCC.

Bank of England confirms FPC re-appointments

Bank of England confirms three re-appointments made by the UK chancellor Philip Hammond to the Financial Policy Committee.

Big tech poses threat to financial stability, bankers warn

Banks call for big tech firms to be subject to same rules as them as they move into financial services and warn that this could threaten financial stability.

ECB: banks have made great strides but need to do better

EU banks have made good progress according to an ECB conference on banking supervision. However, ECB officials expressed concerns over bad loans and low profitability at some banks.

Switzerland refines regulatory approach to ICOs

Switzerland has refined its approach to ICOs and will judge each one individually before deciding the body of rules they should be subject to. 

Ukraine flag

Ukraine uses stress testing to help clean up banking system

Ukraine has experienced severe problems with its banking sector over the past few years. As part of the clean-up, the National Bank of Ukraine has leaned increasingly on stress testing to identify bad lending and to drive improvements in risk management practices. By Justin Pugsley.

UK Parliamentary committee to investigate digital currencies

UK Parliamentary committee to investigate the risks and opportunities posed by digital currencies.

Markus Kaempf

Share trading jam thin edge of Swiss EU wedge

The EU and Switzerland are trying to reshape their relationship by rolling a raft of different agreements into a comprehensive institutional framework. But the negotiations are proving to be challenging with Swiss financial services potentially getting caught in the crossfire

Peteris Zilgalvis

EU desire for harmonisation risks stifling fintech development

Europe’s need for regulatory harmony may stand at odds with a need to adopt technology ahead of setting standards. By Dan Barnes.

Christian Stiefmϋller

EU auditors highlight concerns over ECB bank failure assessments

The ECB was criticised by the European Court of Auditors over flaws in the way it designates banks as failing or likely to fail. While industry sources believe that the auditors have made some valid points, they do not think the flaws are potentially fatal to the designation process. By Justin Pugsley

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