The Bank of England’s models are not up to the job of spotting the next financial crisis, according to one senior official.
Steven Mnuchin takes reins at the US Department of the Treasury and faces full workload of reforms.
Fed chair Janet Yellen enters war of words with vice-chairman of House Financial Services Committee over participation in supranational regulatory bodies.
ESMA has asked the European Commission to close a MiFID loophole concerning non-regulated platforms.
Europe will very likely escape a big electoral upset this year, but that doesn’t mean the problem goes away. If populism is left unaddressed it could wreak havoc on Europe and its banks.
Institutions fear that global regulatory frameworks, which make it easier for them to operate internationally, may be under threat as a result of growing nationalism. By Justin Pugsley.
The Basel Committee on Banking Supervision is still trying to finalise the Basel III framework amid European pushback and changes in key US personnel.
EU equivalence regime is likely to be re-examined as it is several years old.
In its 2017 supervisory convergence work programme, ESMA is to prioritise the implementation of key regulatory texts and the oversight of clearing houses
House Financial Services Committee chairman Jeb Hensarling confirms that scrapping Dodd-Frank is a priority for the new administration.