Despite there being few signs of imminent threats to financial stability, the Financial Stability Board (FSB) restated its concerns over the growth of collateralised loan obligations (CLOs) at its plenary meeting in New York on April 26 and promises a raft of reports on various aspects of the financial system.

Following the possible departure of the UK from the EU, the Financial Conduct Authority (FCA) would favour a regulatory approach that focuses on the same outcomes, but with a lower regulatory burden on firms.

Japan’s rules governing uncleared over-the-counter (OTC) derivatives have been recognised as equivalent to the European market infrastructure regulation (Emir) by the European Commission, though not its risk mitigation processes.

European Parliamentarians are urging the European Commission to block a plan by Italy’s government to automatically compensate retail shareholders and bondholders in banks that fail as they see it going against EU bank bail-out rules.

Hong Kong’s regulators are consulting on a series of measures so that the city’s over-the-counter (OTC) derivatives regime closely aligns with international standards.

The European Central Bank (ECB) is seeking feedback on proposed changes to its supervisory fees and levies on covered banks and the timing of their collection.

Following an inspection of a mainland China-based banking group, Hong Kong’s regulators are asking financial institutions to “urgently” take steps to address risks that could result from complex and opaque structures.  

France’s markets regulator, Autorité des marchés financiers (AMF), has given French central securities repository, Euroclear France, authorisation for central securities depositories, placing it under the European regulatory framework.