The economically devastating impact of the Covid-19 pandemic seems to have acted as a catalyst for US regulators to loosen prudential rules further and faster ahead of the presidential election in November.
Latest articles from Farah Khalique

Firms lash out at ESMA over “regulatory creep”
If ESMA gets its way, third-country financial firms doing business in the EU will have to provide vast amounts of extra information in what many see as a Brexit-related political move

FSB throws CCP equity on the line in resolution consultation
The FSB has once again waded into the controversial debate over who pays when a clearing house goes under and in a consultation paper is looking at a range of options including the use of equity

Covid-19 crisis resurrects shadow bank concerns
With the world once again in crisis, this time due to the Covid-19 pandemic, supervisory attention is turning to shadow banks for fear they might be harbouring hidden systemic risks.

BRRD could be sidelined in the event of widespread bank failures
With Europe sliding into a deep economic slumber following the Covid-19 pandemic, questions are being asked about the state of some the continent’s banks and whether BRRD is up to resolving them if it comes to that

Timing of SCB buffer questioned by critics
The introduction of the new stress capital buffer in the US is poorly timed, according to critics, as it permanently relaxes capital standards, potentially making US banks more vulnerable to economic shocks

EBA’s stress test overhaul given the cold shoulder
Proposals put forward by the EBA to modernise its stress testing framework have met with disapproval by banks arguing that they would deliver few benefits

EU's green taxonomy: long road to transformation begins
The EU’s green finance deal promises to not only reshape the economy, but also finance. However, there is still much work to do and a lot of missing detail before the green deal can drive real change

Cleaning up Hong Kong’s IPO market faces several more years of reforms
Hong Kong’s huge success in attracting IPOs masks the fact that its stock market is still plagued with conduct issues and it is likely that there are several more years of regulatory reforms to come

Battle between CCPs and their members steps up a notch
Clearing house members are becoming increasingly determined to force clearing houses to shoulder more risk as part of the services they provide and are taking their message to regulators