Latest articles from Philip Alexander

Cox, Graham

Broader concerns overshadow insurance higher loss absorbency plan

Proposals by the International Association of Insurance Supervisors are undermined by continued difficulties defining systemic risk and agreeing valuation methods.

Gunnar Hökmark

European Council seizes the initiative on bank structural reform

Member states’ agreed negotiating position could form the basis of a compromise to break parliamentary deadlock.

Ruth Wandhofer

Basel tries to split the difference on banking book rules

Basel Committee faces challenges resolving fundamental philosophical differences about measuring interest rate risk for capital charge purposes.

Crispini, Dario

EU still struggling with EMIR trade reporting as MiFID looms

Dual-sided reporting of derivative trades has proved highly problematic due to the absence of agreed trade repository protocols in Europe.

Medcraft, Greg

Securities regulators break ranks on asset manager SIFI designation

An Iosco board meeting decided to focus on market-wide risks from specific activities, but there is still uncertainty about where the workstream will lead.

Eric Litvack

Round table: Trends and risks in financial regulation

Participants in GRR's round table of regulation specialists at leading cross-border banking groups identify the key challenges and the impact these will have on business models.

GET-EU flag

EU addresses cross-border consistency on non-cleared derivatives rules

A second consultation on margin requirements for non-cleared derivatives has reduced the potential for regulatory mismatches with other jurisdictions.

GET-Bitcoin

New York breaks new ground for virtual currencies

The final Bitlicense contains many reassurances for technology entrepreneurs, but still raises questions about the future of virtual currency regulation in the US.

Basel launches overhaul of CVA framework

The Basel Committee wants the capital treatment of credit valuation adjustments to align with the framework for market risk.

EU deal on securities financing transactions regulation

The EU institutions have agreed to rules that require securities financing transactions, counterparties and collateral to be reported, as well as imposing information requirements on the reuse of collateral.