With a possible recession on the horizon, Europe’s banks are in a stronger position than they were in the run-up to the 2007-9 global financial crisis. Nonetheless, there are still worries about too many weak banks, doubts over stress tests and the failure to complete Europe’s banking union. By Farah Khalique.

To critics, reforms of the US stress testing regime are a worrying diluting of the exercise, whilst bankers see them as a very necessary exercise in simplification and transparency. However, stress tests maybe less important than they once were. By Farah Khalique.

Not only do many market participants not realise that they’re in scope for CSDR, but the regulation itself has a number of issues in its drafting that make it difficult to comply with

Tougher economic conditions and more intrusive supervision is forcing banks in Dubai to consolidate to preserve margins and profitability

A recent consultation by the Financial Stability Board has further highlighted a deep schism in the industry over the procedures for resolving a failing clearing house

The FSB is keen to see financial centre share more data about derivatives trades to drive greater transparency, but this does mean tackling legal barriers in individual jurisdictions  

November 2018 saw some important movement among EU law-makers on the banking package, which should help pave the way for the block's long delayed banking union. By Farah Khalique.

Equivalence reform is needed in the EU but is unlikely to happen soon, as regulators engage in a war of words that suggests divergence, rather than convergence, is on the cards. By Farah Khalique.

US mid-term elections could throw a spanner in the works of president Donald Trump’s deregulation agenda if the Democrats were to gain enough seats

CFTC chairman J Christopher Giancarlo has been on a charm offensive in a bid to win over other regulators towards creating a more level playing field for cross-border swaps regulation. By Farah Khalique