Regulatory RelationsRSS

IOSCO appoints head of Belgium’s securities regulator as its new chair

Jean-Paul Servais, chair of Belgium's Financial Services and Markets Authority, has been appointed as the new chair of the International Organization of Securities Commissions (IOSCO), replacing Ashley Alder.

SEC reopens consultations following technical glitch

Due to a technical glitch, the Securities and Exchange Commission (SEC) said it had not received comments for some consultations submitted from June 2021 to August 2022.

FCA hiring crypto experts, but UK still lagging behind others on new rules

Some 15 crypto experts are being sought by the UK’s Financial Conduct Authority (FCA) to bolster its fledgling wholesale crypto policy unit – a move largely welcomed by the industry with the regulator facing a backlog of licensing requests.

Hong Kong to spend $3.8bn to attract talent and boost its financial centre

Following years of social restrictions to stem the spread of Covid-19, Hong Kong has launched a HK$30bn ($3.8bn) initiative to boost the city’s attractiveness as a financial and business centre and to stop an exodus of talent.

Rupert Brown

Should regulators be elected?

The past 12 months have seen a number of major political changes in many Western democracies, notably the retirement of Angela Merkel in Germany, the forced “cohabitation” of president Emmanuel Macron with a left-wing coalition in France and, most recently, the replacement of UK prime minister Boris Johnson by Liz Truss.

Singapore skyline

Singapore plots course towards becoming a smart financial centre

Singapore has deployed regulatory and legislative tools, and partnered with the financial services industry on other initiatives, to supercharge its fintech sector. By James King.

GET Truss and Kwarteng

UK’s renewed dash for financial regulatory reforms risks stalling

The accelerated rush to slash red tape on the City of London by new UK prime minister Liz Truss could deliver big benefits to banks, but such is the ambition of the reforms that it risks getting bogged down in complexity. A simpler approach might be more effective.

Martin Hellwig

ECB investigating how it conducts supervisory reviews

The ECB is shaking up its vital annual health check for banks amid complaints of excess bureaucracy, but the makeover is shrouded in mystery.

Dhanesswurnath Thakoor

Mauritius aims to become a leading African financial hub

Through a unique combination of trade agreements, Mauritius is positioning itself as a conduit for international investment into Africa while pivoting its regulatory regime towards becoming more attractive to institutional funds.

truss

Reorganising UK’s regulatory bodies ‘could undermine City of London’

The UK regulatory furniture could face its biggest reorganisation in over a decade if Liz Truss replaces Boris Johnson as prime minister, potentially ushering in a period of deep uncertainty for the Bank of England.