Latest articles from Farah Khalique

Kimmo Soramäki

US moves closer to digital dollar, but reservations remain

The US is finally moving towards developing a digital dollar, after years of hesitation and discord. It could speed up payments and slash settlement risk in wholesale markets, but scepticism is still widespread.

GET FTX

FTX fallout shines light on sleepy regulators

The demise of Bahamas-based cryptocurrency exchange FTX is raising questions about offshore financial regulators’ ability to oversee rapidly growing crypto firms.

Robert Hockett

Large US regional banks face being hit with G-SIB resolution rules

The Fed and the Federal Deposit Insurance Corporation are mulling stronger living wills for large banks after a bank reportedly hit the skids a year ago.

FCA reception

Questions loom over FCA’s ability to regulate big tech

The UK’s Financial Conduct Authority is taking a greater interest in big tech’s foray into financial services. However, there are concerns over whether it has the capabilities to oversee an increasingly complex and rapidly evolving sector.

Jo Burnham

Regulators move to stop energy shock becoming a financial crisis

Financial regulators in Europe are buttressing banks to contain strains in the energy market and to stop them morphing into a full-blown financial crisis.

Bob Lyddon

Eurozone financial stability under “severe” threat

Alarm bells are ringing in the upper echelons of the EU that the bloc’s financial system is on a shaky footing, thanks to the energy shock, the war in Ukraine, inflation and rising interest rates.

Damon Batten

Pressure grows on EU to relax rules on third-country benchmarks

ESMA has taken a swipe at the EU’s third country benchmark rules, branding them “detrimental” to financial markets. The EU may cave and water down the rules.

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.

BIS

Global recession will test post-crisis financial reforms

Banks are in a better position to weather a global recession now than before the 2007/09 global financial crisis, but experts warn that a confluence of events could yet stress the banking system.

Carson Block

Battle of the bourses: US and China sign truce

A two-decade tussle between the US and China over company listing rules is nearing an end with a truce, but critics remain cautious about the details.