Global regulators seek feedback on enhancing accountability and independence

The Monitoring Group is seeking opinions on how to improve the accountability and independence of the global regulatory bodies it represents. Justin Pugsley reports.

Jonathan Rogers web

Concerns grow over transition to new interest rate benchmarks

The regulatory push to shift the financial system into using new interest rate benchmarks is triggering growing concern over how that will impact a raft of legacy products that contain no provisions for a benchmark switch. By Justin Pugsley 

David Puth web

CLS aims to enhance currency market infrastructure

Foreign exchange settlements firm CLS Group is launching several products aimed at bringing greater speed, efficiency and clarity to the world’s largest market, which is currently fragmented and opaque. By Justin Pugsley. 

Australian flag

Comparing UK and Australian financial conduct regimes

Conduct regimes that hold bankers accountable for their actions are becoming more popular across jurisdictions. Richard Isham and Fiona Rushforth, partner and senior associate respectively at law firm Wedlake Bell, examine the Australian and UK regimes and discuss their possible consequences.

Edward George web

Technology could alleviate bank de-risking nightmare

De-risking has hit some emerging market countries hard, but clever technological solutions could help countries that have been frozen out of the global financial system. By Farah Khalique. 

Jackie Mesa web

Regulators confront the SLR ‘slaughterhouse’

The CFTC has denounced the ‘horror show’ of the Basel III leverage ratio rules, as the chorus of resentment in certain quarters of the US towards blanket international banking standards grows louder each day. By Farah Khalique.

WFE laments policy incoherence and proposes remedies

The World Federation of Exchanges is calling for greater harmonisation of the way individual jurisdictions implement and apply G20-inspired rules. Justin Pugsley reports.

Basel III may have been agreed

There is speculation the Basel Committee has finalised the Basel III framework, following an announcement from oversight body the Group of Governors and Heads of Supervision (GHOS) of a press conference in early December. Justin Pugsley reports.

Equifax web

Cyber-breach sharing impeded by politics and penalties

National authorities struggle with politics and criminal proxies when balancing disclosure and sharing of cyber-attack information. Dan Barnes reports.

Competition "may make banks safer"

There’s been much debate over whether competition undermines or boosts bank stability. An academic from Goetz University believes competition can be good for bank stability

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