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.
Latest articles from Farah Khalique

CSDR: the forgotten reporting regime
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

Dubai’s banks adapt to tougher economic and regulatory environment
Tougher economic conditions and more intrusive supervision is forcing banks in Dubai to consolidate to preserve margins and profitability

Dealers versus clearers: a battle of living wills
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

FSB urges jurisdictions to remove legal barriers and share more derivatives data
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

Breakthrough on stalled EU banking package
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.

Finding common ground gets harder for regulators
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 deregulatory moves could be challenged after mid-term elections
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

Can the CFTC crack cross-border swaps?
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

FSB sees potential problems with rules on clearing OTC derivatives
In a recent report, the FSB found a number of issues with reforms designed to make the over-the-counter derivatives market safer. Market participants also have gripes with the regime