The soaring popularity of crypto-currencies has predictably attracted regulatory attention. But defining whether they are securities or commodities or should have their own special rules remains a divisive issue for regulators. By Farah Khalique.
Latest articles from Farah Khalique

Asia takes swipe at London's derivatives crown
Asia’s bid for London’s derivatives crown is picking up pace as the UK’s attractiveness comes into question due to tough EU regulation and the country’s departure from the Union.

Green bond definitions steadily tightened to avoid greenwashing
As the green bond movement gains momentum, it is attracting greater attention from regulators, trade associations, corporates and investors with moves to refine and tweak definitions to ensure the sector fulfils its aims

Clearing houses uneasy over aspects of proposed global stress tests
Overall, clearing houses have cautiously welcomed the idea of global stress tests laid out in a CPMI-IOSCO consultative paper, but some still feel queasy over the prospect of sharing sensitive data. By Farah Khalique.

Libor: the long goodbye
Regulators are keen to replace Libor given its tainted past, but are coming up against strong industry inertia in their attempts to get new more tamper-proof benchmarks accepted

Firms hoping for some leniency on MiFID II as clock ticks
There are still numerous loose ends around the EU's Markets in Financial Instruments Directive II, and with less than six months to go before it goes live the industry is hoping regulators will take a lenient view on compliance. By Farah Khalique.
Delays and high failure rates hit FRTB implementation
The Fundamental Review of the Trading Book is a particularly challenging piece of text to implement, but banks trying to do so with the less capital-intensive Internal Model Approach are finding it particularly difficult as they face having to keep their models approved. Some are considering not bothering with it. By Farah Khalique.

Fragile repo markets skating on thin ice
The repo market has never quite recovered from the financial crisis and subsequent regulatory reforms. Industry sources say the market now urgently needs attention or the whole system of short-term funding for the financial system could be in jeopardy

UK’s Great Repeal Bill faces tight deadline as Brexit looms
The UK faces the monumental task of turning EU laws into domestic ones as it leaves the EU. However, plenty of other countries have trodden this path, not least countries formerly part of the British empire. By Farah Khalique.

Stakes rise in the battle for euro clearing
The UK’s decision to leave the EU has triggered an almighty tussle over who will host most of the euro clearing. Although London looks to be the likely loser, this is not yet a forgone conclusion. By Farah Khalique.