Latest articles from Farah Khalique

Piers Haben

Proposed green asset ratio could inflict reputational damage on banks

A European Union proposal for a green asset ratio for banks is being touted as a wake-up call for the industry, but bankers question its feasibility and the risk of unfair reputational damage.

European Commission HQ

Pandemic highlights EU bank resolution framework weaknesses

The EU’s much-criticised bank failure rules are up for re-evaluation. Experts insist the rules are currently unworkable and change is overdue, especially as Europe is poorly prepared for a Covid-19-related banking crisis.

Thomas Wipf

Tough legacy contracts slow transition away from Libor

Letting go of “the world’s most important number” – Libor – is proving harder than regulators had hoped, and new draft laws designed to settle “tough legacy” contracts are no panacea. 

Charley Cooper

SEC moves to beef up regulatory powers after meme stock trading frenzy

The SEC is scrambling to beef up its regulatory prowess after criticisms of its oversight of trading platforms like Robinhood during the GameStop saga. 

Narina Mnatsakian

Concerns over Franco-Dutch initiative leading to burdensome ESG reporting

French and Dutch securities regulators are pushing for tougher standards for environmental, social and governance data in the fight against greenwashing, but critics fear burdensome reporting will stifle innovation in the race against climate change.

Teo Floor

March 2020 volatility sparks debate over clearing house initial margin models

ISDA is pushing financial regulators to scrutinise margin models at clearing houses after Covid-induced market volatility last spring sent initial margins through the roof, while CCPs sound a note of caution. 

Nellie Liang

Shadow banks face tougher rules following Covid-induced volatility

Global regulators have long kept an eye on the shadow banking sector from afar and warned that it may be a source of systemic risk, but the pandemic-driven market turmoil in March was a tipping point. The Financial Stability Board is now calling for firm action to “strengthen the resilience of non-bank financial intermediation”. 

Colleen Baker web

FSB treads fine line on CCP resolution issue in final guidance

Clearing house members have cautiously welcomed the latest FSB guidance on CCP resolution, which contained few surprises, but argue it should go even further. 

Andréa Maechler

BIS advises: “go slow on algos”

The Bank for International Settlements warns of “new risks and challenges that warrant close monitoring” in foreign exchange algorithmic trading, as well as other fast-paced, electronic markets. 

Andrea Enria

Can the ECB’s bad bank idea work?

The chair of the European Central Bank’s supervisory board, Andrea Enria, is pushing for a eurozone ‘bad bank’, but faces stiff opposition and scepticism from politicians and banking experts alike. By Farah Khalique