In a speech, US Federal Reserve Board vice chair Randal Quarles said he hoped that come the 2020 stress tests, the stress capital buffer (SCB) framework would be in place with some tweaks following consultations.

The European Central Bank’s (ECB) -0.10% reduction in its deposit facility to -0.5%, the resumption of quantitative easing and its forward guidance on interest rates are likely to pile more pressure on already struggling euro-area banks, according to credit rating agencies.

Adam Farkas has resigned as executive director at the European Banking Authority (EBA), effective from January 31, 2020, following his appointment as CEO of a leading financial services lobby group in what is a controversial move. 

Trading venues and their participants should synchronise the clocks they use for time stamping reportable events with coordinated universal time (UTC), according to a proposal by the Board of the International Organization of Securities Commissions (IOSCO).

There is a growing interest from investors in green securitisations said the Association for Financial Markets in Europe (AFME) in a report, which is calling for more EU support for the sector. 

Should the UK leave the EU, it will see the EU’s capital markets being smaller, less liquid and less well developed with France becoming the union’s dominant player, the think tank New Financial said in a report. 

A paradox of financial reforms is that European banks have become more robust over the last five years, but the debt they issue has become more risky, said Moody’s Investors Service in a report. 

Trading securities based on information from yet to be published polls could be a breach of the EU’s market abuse regulation (MAR), the UK’s Financial Conduct Authority said in a statement.

New custody documentation has been added to the International Swaps and Derivatives Association (ISDA) Create’s initial margin (IM) offering, allowing users to complete all documentation required for regulatory IM on a single platform.