Regulatory RelationsRSS
Monique Melis

Wirecard: where did it all go wrong?

The dramatic collapse of Wirecard, once one of Europe’s leading fintechs, has left in its wake wide-ranging questions around supervision and the role of Germany’s regulator, BaFin

Chri Burn

UK regulators must remain bold post pandemic

UK regulators acted decisively when the Covid-19 pandemic struck, but once it passes they must retain the initiative in the face of changed markets and a different environment

Ryozo Himino appointed to lead Japan’s FSA

Ryozo Himino took over from Toshihide Endo as commissioner of Japan’s Financial Services Agency (FSA) and will focus on keeping the country’s financial regulatory frameworks in line with global rules.

ESMA puts forward candidates for CCP supervisory committee for European Parliament approval

Candidates have been chosen for the European Securities and Markets Authority’s (ESMA) supervisory committee to oversee central counterparty clearing houses (CCP) under the European Market Infrastructure Regulation (EMIR 2.2).

SEC sets up emerging risks detection unit

The US Securities and Exchange Commission (SEC) has put together a new unit called the Event and Emerging Risks Examination Team (EERT) tasked with detecting emerging threats. 

Brexit talks continue to stall as neither side gives ground

EU and UK negotiators are holding firm in their positions believing the other will give way at the last minute while the European Commission has delayed until the end of the year, at the earliest, a decision over whether to grant the UK equivalence on financial services. 

BIS appoints Tara Rice to head CPMI secretariat

Tara Rice has been appointed as head of the secretariat for the Committee on Payments and Market Infrastructures (CPMI) by the Bank for International Settlements (BIS). 

BIS innovation hub rolled out to new locations in Europe and North America

The innovation hub run by the Bank for International Settlements (BIS) is to be extended to four new locations over the next two years, the organisation has said in a statement. 

UK looking to Swiss deal to reinforce outcomes-based approach for global financial services

On June 30, the UK and Switzerland committed to an ambitious bilateral deal on financial services, which the former hopes will help reinforce an outcomes-based approach towards bilateral financial services agreements. 

German EU presidency to focus on economic recovery and a stable financial architecture

On July 1, Germany took over the EU’s six-month rotating presidency with the ambitious aim of spurring the recovery of the bloc’s economy from the Covid-19 pandemic, settling the EU’s budget, driving a sustainable and stable financial architecture and a digital and sustainable economy.