Regulatory RelationsRSS

SFC CEO Ashley Alder to step down next year

The internationally highly regarded CEO of Hong Kong’s Securities and Futures Commission (SFC), Ashley Alder, will not renew his contract when it ends in September 2020, according to media reports. 

China to remove limits on foreign ownership of some financial firms from January

The China Securities Regulatory Commission (CSRC) said that limits on foreign ownership of futures, securities and mutual fund companies will go from January 1, 2020.

FSB warns G20 of emerging regulatory risks

Though the mission of reforming the global financial system is nearly complete, there is still a lot of work to be done, such as around resilience, stability and sustainability, the Financial Stability Board (FSB) said. 

EBA 2020 work programme focuses on six areas

In its 2020 work programme, the European Banking Authority (EBA) will focus on six key areas covering data through to financial stability. 

EU grants UK another Brexit extension

The European Council has extended the UK’s membership of the EU until Jan 31, 2020, following a request from prime minister Boris Johnson who was forced to do so by the UK parliament. 

Kay Swinburne

Resolving Brexit could help tackle global regulatory fragmentation

Resolving Brexit could be the big breakthrough, which heals regulatory fragmentation, according to one former MEP.  The problem is that the Brexit process will drag on for years and remain deeply fractious. 

Adam Farkas appointment as AFME CEO triggers criticism

Adam Farkas has resigned as executive director at the European Banking Authority (EBA), effective from January 31, 2020, following his appointment as CEO of a leading financial services lobby group in what is a controversial move. 

Rosalyn Breedy

UK retains strong attractions for financial firms post-Brexit

Brexit has cast a long shadow over the UK economy, fostering economic and political uncertainty. However, its regulatory and legal structures remain a strong attraction for financial firms to keep locating to the UK

Swap dealers to be subject to greater CFTC scrutiny

Swap dealers and commodity pool operators along with certain other financial users of derivatives instruments are to be subject to greater regulatory scrutiny, according to a Commodity Futures Trading Commission (CFTC) official. 

David Biggin

UK consults over its regulatory regime as Brexit looms

The UK Treasury is consulting over certain aspects of the UK’s financial regime ahead of Brexit