Latest articles from Justin Pugsley

New recommendations on end-of-day trades

The UK’s FICC Markets Standard Board reminds banks to deal fairly with clients benchmarking against the most up-to-date prices.

US under pressure to delay collateral rules for swaps

Europe won’t be will be unable to meet September deadline and suggests mid-2017.

FMIs get guidelines on resisting cyber attacks

Two leading regulators unite to advise financial infrastructure providers on cyber-resilience.

First US clearing house gets EMIR stamp of approval

Chicago Mercantile Exchange wins historic approval from ESMA to be first US clearing house to clear derivatives in Europe.

US Democrats target high-frequency traders

Democrats ponder imposing a US financial transactions tax on high-frequency traders, mirroring calls in Europe for a similar levy on trades.

Trade bodies lobby CFTC on algo source codes

Industry associations ask US regulators to reconsider rule requiring algorithmic traders to submit their source code for inspection.

Ex-CBOE director charged with fraud

The Commodity Futures Trading Commission charges Alvin Guy Wilkinson

Asian AML costs spiral to $1.5bn a year

The cost of anti-money laundering compliance is soaring across Asia.

DBS Bank and OCBC hit with rate rigging lawsuit

Two Singaporean banks are accused of colluding to manipulate derivatives prices in the country.

Australian banks must boost capital buffers

Australian regulator presses banks to increase their capital reserves despite big improvements.